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World Building Activity to Increase 70% by 2025, Predicts Report

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Construction activity around the world will grow by 70%, or $6.3 trillion, by 2025 and will account for 13.5% of world output, according to the Global Construction 2025 report from Global Construction Perspectives and Oxford Economics. Most of the construction will be in China, India and the U.S., although emerging Asian nations will also see some, according to this article.

Source: ASCE SmartBrief for July 2 which contained this July 1 story by CNBC.

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