What is the world spending on construction industry in year 2005 and 2004?

Hello Strongdave,

>What is the world spending on construction industry in year 2005 and 2004?<


According to the World Construction Review/Outlook 2004/5, worldwide
spending in the construction industry for the year 2004 was $4.2
trillion, and is expected to surpass $4.4 trillion in 2005.

Excerpt:

?Global construction spending reached nearly $4.2 trillion in 2004, a 4.6%
increase over 2003, with future growth rates expected to exceed 5%
annually over the next four years. ?

?Our forecast is for steady growth over the next twelve months. Over
the medium term average global construction growth is likely to peak
at around 5% in 2005 and remain at that level until 2008. Countries
promising exceptional growth rates during 2004-08 are India, China and
Brazil.?

World Construction Review/Outlook 2004/5 
Davis Langdon Management Consulting

Download full text of this publication here:
http://www.davislangdon.com.au/publications/worldconstructionfeb05.pdf
Or here
http://www.davislangdon.com/pdf/EME/World_Construction_Review_2005.pdf



?Global construction spending reached nearly $4.2 trillion in 2004, a
4.6% increase over 2003, and future growth rates are expected to
exceed 5% annually over the next four years.  Increased spending on
infrastructure and non-residential development is largely driving this
growth.  The US market (with $970 billion spending in 2004) still
dominates the global scene as the largest national construction
market, with Japan remaining second ($670 billion).  China has become
now in third place ($480 billion) in terms of global construction
spending.?

National Bank of Dubai.
http://www.nbd.ae/NBD/NBD_CDA/CDA_Web_pages/Financial_Outlook/ecoreport_jun05_pg4/



Search terms used: 
"worldwide OR global construction spending " trillion
"global  spending * construction "
global construction market 

I hope the information provided is helpful!

Best regards,
Bobbie7

good job
thanks Bobbie