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Continued headwinds and geo-political flare ups have reignited global uncertainty, impacting construction investment. The industry faces constrained spending, changing policies, new environmental and safety regulations, and volatile supply chains.IHS provides building material suppliers, construction equipment companies, architects, and contractors with accurate and timely data, analysis, research and insight into current and future market conditions. Avoid risks, inform market strategy, improve labor and supplier negotiations and secure design standards and product specifications with IHS solutions.
As the US economy regains strength, consumer confidence grows, leading to increased spend in retail construction. However, with clicks outpacing bricks, the US construction market could see lower demand for stores in favor of demand for warehouse space to support the growth in e-commerce retail sales.