New Market Study, "Construction in Italy - Key Trends and Opportunities to 2018", Has Been Published
The value of the Italian construction industry declined during 2007-2013; the size of the industry, in real value-add terms, in 2013 was just 73% of the level recorded in 2007. The industry's total output registered a compound annual growth rate (CAGR) of -1.55% in nominal terms during the review period (2009-2013). Weak economic conditions across the eurozone, high unemployment, low wage growth and public spending cuts contributed to this decline. The construction industry is expected to fare slightly better over...
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