Construction in the US - Key Trends and Opportunities to 2018
 

Construction in the US - Key Trends and Opportunities to 2018

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Market Research Reports, Inc. has announced the addition of “Construction in the US - Key Trends and Opportunities to 2018” research report to their offering. See more at- http://mrr.cm/ZgB

Market Research Reports, Inc. has announced the addition of “Construction in the US - Key Trends and Opportunities to 2018” research report to their offering. See more at- http://mrr.cm/ZgB

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Construction in the US - Key Trends and Opportunities to 2018 Construction in the US - Key Trends and Opportunities to 2018 Presentation Transcript

  • www.MarketResearchReports.com Category : Construction All logos and Images mentioned on this slide belong to their respective owners.
  • www.MarketResearchReports.com Introduction to Report  Launch Date: May 26, 2014  Number Of Pages: 91  Geography Coverage: USA  Available Format: PDF Price For Single User License: USD 1,950 Price For Site User License: USD 3,900 Price For Global User License: USD 5,850 Delivery Time: Within 24 Hours (During Working Days)
  • www.MarketResearchReports.com About the Report The US construction industry recorded a nominal CAGR of 0.61% during the review period. Over the forecast period, its output is expected to record a CAGR of 7.12%. This growth will be driven by the recovering economy and increased government spending on public infrastructure. The infrastructure and residential construction markets collectively accounted for 64.8% of the total construction industry in 2013, and this is expected to grow over the forecast period due to both increased investment in upgrading aging infrastructure, and strong demand in the housing sector. Moreover, factors such as government efforts to promote exports and innovation, and improve healthcare, as well as a decline in the mortgage delinquency rate will also support the industry’s growth.
  • www.MarketResearchReports.com Research Finding The US construction industry has been in an expansionary phase since early 2011, having suffered greatly over the preceding three years. According to the US Census Bureau and Department of Commerce, construction output value increased from US$857 in 2012 to US$898.4 in 2013. In 2013, the values of private and public construction increased by 8.5% and 2.8% respectively, relative to 2012. The housing market is also improving. According to the Mortgage Bankers Association (MBA), the mortgage delinquency rate in 2013 was 6.4% (a decline of 70 basis points over 2012), and is approaching towards the historical average of 5%, while the foreclosure declined by 33% during the same period. These factors will support the growth in the construction industry over the forecast period. According to the American Society of Civil Engineers (ASCE), one out of nine bridges is deficient, 42% of major urban highways are congested and 32% of major roads are in poor condition.
  • www.MarketResearchReports.com Research Finding Continues… In a bid to upgrade the country’s road transport, the 2013 budget includes a Surface Transportation Reauthorization Bill, worth US$476 billion for a period of six years, which will finance all highway, bridges and mass transit construction projects until 2018. The country’s seasonally adjusted manufacturing sales increased in 2013, from US$1,667.4 billion in the second quarter to US$1,701.5 billion in the third, while their seasonally adjusted after-tax profit increased from US$141.1 billion to US$150.6 billion during the same period. According to the Markit, the purchasing managers’ index (PMI) reached 55.0 in December 2013 – the highest figure all year – indicating significant improvement in business conditions.
  • www.MarketResearchReports.com Research Finding Continues… According to the Global Innovation Index, the country’s innovation ranking improved from 10th position in 2012 to 5th in 2013. In order to remain globally competitive, the government proposed to increase federal research and development (R&D) spending in the 2013 budget to US$140.8 billion, an increase of 1.4% over 2012. The 2013 budget also includes the expanded and permanent research and experimentation tax credit (R&E) for companies to promote investment in this innovation. Moreover, the 2014 budget proposed an investment of US$3.2 billion for research infrastructure, out of the total federal R&D spending of US$142.8 billion, which includes the construction and renovation of R&D facilities and the purchase of R&D equipment.
  • www.MarketResearchReports.com Report Covered: Executive Summary Market Overview Commercial Construction Industrial Construction Infrastructure Construction Institutional Construction Residential Construction Company Profile: Bechtel Corporation Company Profile: Kiewit Corporation Company Profile: URS Corporation Company Profile: KBR, Inc. Company Profile: Fluor Corporation Market Data Analysis Appendix
  • www.MarketResearchReports.com Company Covered 1. Bechtel Corporation 2. Kiewit Corporation 3. URS Corporation 4. KBR, Inc. 5. Fluor Corporation
  • www.MarketResearchReports.com Custom Research:  Are you an industry professional, entrepreneur, venture capitalist, investors and organization, then let us know your specific research requirements. Our goal is to cater to your requirements be it for a custom market research project, syndicated research report on a specific market or industry sector, newsletter creation, case study development or anything else related to marketing research. For Any Customization Related query Visit IdeaCenter @ http://www.marketresearchreports.com/idea-center
  • www.MarketResearchReports.com How To Buy This Report? Visit following URL to see Table of Content and purchase this publication: http://mrr.cm/ZgB About Market Research Reports, Inc. Market Research Reports provides a customized set of reports from reputed Publishers, built on the intelligence available within organizations and leverages on our motto of “Intelligence Redefined”. Contact : Amitava Sen Email : info@marketresearchreports.com Phone: +1 302-703-7787 (USA) +91-8762746600 (India)