Top 10 issues facing construction OEMs
Between 2020 and 2022, experts predict that US housing will likely bounce back, while construction capex might remain flat. During this time, CE sales growth could be higher because of pent-up demand. After 2022, however, growth in CE sales will be moderate, in line with moderate growth in construction capex and housing starts, according to the report. Between 2021 and 2022, experts expect European housing starts to be flat and construction capex to be moderately positive.