Italy's construction industry has undergone a dramatic decline since 2008. In real terms, the Italian construction industry's output contracted by 27.3% between 2008 and 2015. The decline can be attributed to the country's high unemployment ra ..."
BMI View: The outlook for Italy's construction sector, although an improvement on previous years,
remains largely subdued. The weak housing market and lack of public spending capacity for large-scale
social infrastructure projects, due to ongoing austerity measures, w ..."
BMI View: Italy's construction sector is expected to see a marginal return to growth in 2016, although the
overall market value will remain well below that of pre-2008 peak values. Limited public spending capacity
will continue to hamper investment is social and utili ..."
BMI View: Italy's construction sector will contract for the eighth consecutive year in 2015 as ongoing
government austerity measures limit public spending on infrastructure and the housing market continues to
lose value, deterring potential investors. Several years of ..."
BMI View: Italy's construction sector continues to struggle to attract private investment in light of the weak
regulatory environment and limited prospects for economic growth. At the same time, public spending is
constrained by government austerity measures, meaning ..."
Italy's construction industry is expected to record the eighth consecutive year of contraction in 2015,
followed by a very limited return to growth in value in 2016. Government austerity measures remain in
place, limiting capacity for public spending on increasingly n ..."
Italy's construction industry has been in decline since 2008. In 2014 it posted a contraction of 2.8% in real terms. However, the industry is expected to fare slightly better over the forecast period (2015-2019), with new investment in residen ..."
Our outlook for Italy's domestic economy remains downbeat, with limited GDP growth of just 0.4%
expected in 2015. Although an improvement on previous years, this is no-where near significant enough to
impact positively on the stagnant construction sector in the countr ..."
Following years of economic downturn, the general Italian economy is set to see some minor growth in
2015 (0.4%). Due to its volatility, we do not see this to immediately translate into growth in the construction
sector, which overall is forecast to stagnate in 2015. ..."
After a significant period of decline, Italy's construction sector is expected to return to growth in 2016,
albeit at a subdued rate of just 0.12%. Government infrastructure investment has been limited by Italy's
difficult economic environment, including massive public debt, hi ..."