In real terms, Colombia's construction industry will continue to expand over the forecast period (2015-2019), albeit at a slower pace due to falling oil prices, which resulted in a decline of export earnings.
The industry's expansion o ..."
Construction activity in Argentina was weak in 2014, due to the deteriorating business environment, currency depreciation and high inflation. The country's construction industry consequently contracted by 0.5% in real terms that year. This was ..."
Skid-steer loaders used to perform a variety of tasks in the construction industry, such as digging and lifting. They can be easily fitted with a variety of attachments to perform different tasks on construction sites. They are highly maneuverable because of their compact size ..."
BMI View: Prolonged delays have held back major projects far into 2015, causing Peru's construction
industry to contract 2.5% for the year. We expect the industry to recover from this recession in 2016 as a
number of key transport and energy projects move forward. Ove ..."
Chile's construction industry will continue to expand in real terms over the forecast period (2015-2019), due to investments in transport infrastructure projects. According to the government's national infrastructure plan - introduced in 2014 ..."
In real terms, the Brazilian construction industry's output value contracted in between 2013-2014.
This decline was mainly due to a large budget deficit and the implications of Operation Lava Jato, implemented to control the country's ..."
BMI View: We maintain our tempered forecasts for Colombia's construction industry's real growth at 8%
and 6.6% y-o-y in 2015 and 2016, respectively. Our more moderate outlook reflects the challenges facing
the Colombian economy - namely the low oil price environment, ..."
BMI View: Government budget cuts and the ongoing implications of Operation Lava Jato have seen us
downgrade growth for Brazil's construction sector and we now anticipate a recession in 2015 and 2016.
The BRL169bn logistics investment programme (PIL) will provide limit ..."
BMI View: We maintain our positive construction industry growth forecast for Chile in 2015 at 2.6% in
real terms on the back of weak oil prices, which will reduce the country's energy import bills. Growth in the
sector will be further supported by an infrastructure fu ..."
BMI View: Ecuador's construction industry growth will slow drastically over the next five years as the
country faces the widest budget deficit in decades. Attracting and securing private investment will be vital
to maintaining infrastructure development, given that oi ..."