"Ecuador Infrastructure Report Q3 2014" Is Now Available at Fast Market Research
BMI View: We maintain our construction industry growth forecast for Ecuador at 6.1% for 2014 following the official announcement of 8.6% growth for 2013 , in line with our estimate for the year. We expect this decelerating trend to continue over the medium term, as we forecast average annual growth of 3.5% between 2015 and 2019, which is much lower than the double-digit growth seen in recent years. We believe a drop-off in government spending as a result of weakening...
View full press release