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OXFORD ECONOMICS
Oxford Economics estimates that if conditions stay as they are – what we are calling the baseline projection – capital project and infrastructure spending growth will likely remain low, hovering at about 2%, over the coming year, before inching up in 2017 and reaching about 5% in 2020. The improvement would be driven mainly by higher oil. However, even at 5% growth, infrastructure spending growth would be well below its double-digit levels before the global financial crisis.
Posts Tagged ‘Europe’
Global Infrastructure Spending Outlook
Friday, July 1st, 2016Follow InfrastructureUSA
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