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The construction industry contributes significantly to many countries' gross domestic products . Global expenditure on construction activities was about $4 trillion in 2012. In 2022, expenditure on the construction industry exceeded $11 trillion a year, equivalent to about 13 percent of global GDP. This spending was forecasted to rise to around ...
In a secular bull market, the prevailing trend is "bullish" or upward-moving. The United States stock market was described as being in a secular bull market from about 1983 to 2000 (or 2007), with brief upsets including Black Monday and the Stock market downturn of 2002, triggered by the crash of the dot-com bubble. Another example is the 2000s ...
The housing industry is the development, construction, and sale of homes. Its interests are represented in the United States by the National Association of Home Builders (NAHB). [ 2 ] In Australia the trade association representing the residential housing industry is the Housing Industry Association . [ 3 ]
The Industry Classification Benchmark (ICB) is an industry classification taxonomy launched by Dow Jones and FTSE in 2005 and now used by FTSE International and STOXX. It is used to segregate markets into sectors within the macroeconomy. The ICB uses a system of 11 industries, partitioned into 20 supersectors, which are further divided into 45 ...
HS2 construction near Leamington Spa in August 2021. Productivity in construction remains below the UK average and has changed little in the past 50 years. [6] As a result, the UK government has repeatedly tried to improve the sector's efficiency, publishing (among others) the Latham Report in 1994, the Egan Report in 1998 and the Farmer Review in 2016; in 2013 it launched the Construction ...
The construction industry of India is an important indicator of the development as it creates investment opportunities across various related sectors. With a share of around 8.2%, the construction industry has contributed an estimated ₹670,778 crores ( US$ 131 billion) [ 1 ] to the national GDP at factor cost in 2011–12. [ 2 ]
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Market intelligence (MI) is gathering and analyzing information relevant to a company's market - trends, competitor and customer (existing, lost and targeted) monitoring. [1] It is a subtype of competitive intelligence (CI), which is data and information gathered by companies that provide continuous insight into market trends such as ...