We forecast total construction work done to decline 4.3% in 2025, down from our previous forecast of -3.9%. This downgrade comes mostly as a result of disappointing residential and non-residential approvals over Q4 2025, in addition to higher engineering construction taking place over Q4 2024 resulting in a small growth downgrade due to base effects.
The net immigration into the US has slowed more abruptly than anticipated in the early days of Trump’s second presidency. Could this be the start of a new chapter in US immigration?
Explore the 2025/26 Queensland Budget, focusing on public infrastructure, housing support for first home buyers, and key projects for the 2032 Brisbane Olympics.
In an ambitious global investigation with Proxima, we delivered insights into supply chain risk across different industrial sectors in major economies and supply chain hubs across the globe.
The One Big Beautiful Bill Act could boost GDP over the next two years, with new tariffs helping to steady deficits but can it withstand the drag from trade and immigration policy?
Sustainable finance is not merely a climate imperative but a development necessity. As climate risks intensify, Africa must urgently mobilise capital to advance its adaptation, mitigation, and development goals. Realising this ambition will require coordinated action across governments, financial institutions, international partners, multilateral agencies, and the private sector. With bold leadership, innovative tools, and supportive ecosystems, the continent can chart a path toward a more inclusive, resilient, and sustainable global economy.
Headline engineering construction work done rose 4.7% year-on-year to $36.5bn over the December 2024 quarter, driven by strong growth in utility and mining work.
We have produced an interim Global Construction Forecast update to reflect the fast-changing trade environment.
Residential real estate commencements (floor area) are expected to pick up over 2025. However, activity will remain at structurally lower levels, with Chinese authorities expected to maintain their goal to clamp down on speculative demand.
Following last October’s election, a second review into 2032 Brisbane Olympics venues was undertaken. The Crisafulli government has now revealed a third and hopefully final venues plan, under which total direct investment should eclipse $10 billion, including related developments (e.g. athletes villages).
Although growth has slowed, rising construction work this decade requires a laser-like focus on improving productivity and skills accumulation
We have published a new report measuring the number of US jobs benefitted by TikTok. This builds upon a 2024 report which estimated the economic contribution of SMBs using TikTok
Starting in November 2024, Oxford Economics carried out a study to estimate how many people working in US businesses using TikTok directly engaged with or indirectly benefited from the platform.
Tariffs don’t have to be imposed to wreak economic harm – threats are enough. So the recent flurry of announcements by the US, followed in some cases by swift postponements, are already increasing trade uncertainty and making it less likely that companies will invest.
A North American trade war unfolded in dramatic fashion this week.
This study assesses the impact KBR had on the UK economy in 2023 through its own business, as well as its ownership share of several joint ventures.
Headline engineering construction work done rose 6.6% year-on-year to $34.4bn over the September 2024 quarter, driven by strong growth in electricity and water activity.
The construction industry is a critical sector of Australia’s economy, literally shaping the homes, workplaces, and infrastructure that define our cities and communities.
Global construction activity is forecast to rebound over 2025 as strength in the rest of the world offsets the ongoing Chinese real-estate downturn.
The road infrastructure sector is facing a serious skills shortage, exacerbated by the impacts of COVID-19, increasing demands on transport projects, and rapid technological advancements.
Electricity construction activity continues to boom as Australia works towards its target of generating 82% of electricity from renewable sources by 2030.
