Economics In Construction Industry Data Term Paper

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To improve the economy, and increase the construction output, "In December 2008, French President Nicolas Sarkozy announced a £24.81bn stimulus package to boost the country's economy. Under the scheme, state-owned companies will increase investment by £3.72bn in 2009 and the Government will supplement this with a further £3.72bn to be spent on high-speed rail projects, dams and canals, university campuses and road maintenance amongst other projects, in an effort to revive the stagnating construction industry." (Kelly and Herring 2012 P. 2).

Findings and Recommendations

Analysis of data collected...

...

Although, in 2002 and 2003, France recorded a decline in the growth rate in the construction industry, however France recorded a growth rate in the construction sector between 2001 and 2008. With global economic crisis, the construction output in France recorded a decline between 2008 and 2009. The report recommends that France is a good country to invest and an investor could invest in the construction industry because the country is the second largest economy in Europe and fifth largest economy globally.…

Sources Used in Documents:

References

Akintola, A. And Martin, S.R. (1994). Models of UK private sector quarterly construction demand. Construction Management and Economics 12(1):3-13.

Department Business Innovative & Skills (2011). The UK Industry Performance Report with reference to the UK Construction Industry Key Performance Indicators.UK.

Finkel, G. (1997).The economics of the construction industry. Sharpe. UK.

Kelly, R. Herring, S. (2012). Opportunities and barriers to inbound construction. BDO.


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