December constructsteel newsletter
Construction market trends
US | Private residential output constrained by shortages of materials; Private non-residential output growing.
Europe | Construction shows signs of recovery linked to stronger demand and increasing workloads.
China | Further declines being seen in the residential property sector.
India | Increased stability in activity being seen.
Special topic
HERA – Promoting the use of sustainable construction materials
Dr. Troy Coyle, CEO at the Heavy Engineering Research Association (HERA), shares insights on their efforts in promoting the use of sustainable materials in New Zealand.
Technical trends
The US infrastructure Investment and Jobs Act: Breaking it down
The Infrastructure Investment and Jobs Act (IIJA), signed on November 15, 2021, will provide significant public investment in US transportation networks, broadband, and public works projects. The legislation seeks to address a broad range of critical needs in the United States’ built environment, which was recently rated C-minus by the American Society of Civil Engineers.
