Our latest forecasts assess the implications for construction materials demand of the outlook for each segment of building and construction work. Demand for construction materials is mid-way through a large decline, caused largely by the continuing downturn in residential building, and negative impacts from the coronavirus. The main area of strength was non-residential building, but this segment is entering a decline that is expected to continue for a couple of years. However, road construction is starting to pick up which will help to increase construction materials demand going forward.
https://macromonitor.com.au/wp-content/uploads/2019/04/wall-3316062_1920_1700x300-1.jpg 300 1700 Nigel Hatcher https://macromonitor.com.au/wp-content/uploads/2016/02/MM-Transparent-Logo-FINAL.png Nigel Hatcher2020-10-30 16:04:002020-11-04 11:03:09Australian Construction Materials Forecasts