Atradius (18 pages).
Sommaire :
- Construction industry performance per market
- Introduction Global construction - performance at a glance
- Belgium Robust demand, but margins remain under pressure
- China Forced deleveraging has led to a shake-up in the property market
- France Structural deficiencies cloud the outlook
- Germany Residential construction remains the main driver of growth
- Italy Very long payment duration remains an issue for the industry
- Japan Increased credit risk for smaller builders serving certain segments
- Mexico Only a modest rebound in 2021 and in 2022
- The Netherlands Only a modest increase in insolvencies expected
- Poland More insolvencies expected in the coming months
- Spain Insolvencies have started to increase again
- UAE Restricted access to bank loans remain a major issue
- United Kingdom Robust demand rebound, but rising insolvencies expected
- United States Good prospects, but lack of skilled labour is a structural issue.