Construction Sector Helping Economic Recovery

Construction Sector Helping Economic Recovery

The construction industry has been helping the economy in at least three of the world's major economies, and there's little doubt it's highly active in others for which we don't have data.

In the US, the UK and Australia, construction grew in September and/or October, according to the latest statistics, adding jobs, turnover and economic output to their countries' economies. Housebuilding has been a major factor, especially in the UK and Australia.

More details about the US here. the UK here, and Australia here.

Construction is often seen as a major indicator of economic trends, and it contributes significantly to employment and prosperity, so these are encouraging signs that the global economy is recovering at last.