Articles by Scott Hazelton

Economic outlook: What does the future hold for Germany?
Published on: 22 February, 2024
Scott Hazelton of IHS Markit on what could be a challenging year for German businesses
Why France’s construction industry faces a difficult year ahead
Published on: 13 October, 2023
The French construction industry is facing headwinds that mean it could be in for a difficult year ahead, says Scott Hazelton of IHS Markit.
What does 2023 hold for the German construction market?
Published on: 20 April, 2023
Scott Hazelton of IHS Markit examines the current and future prospects for construction in Europe’s largest economy
Spanish construction: Economic challenges ahead
Published on: 05 April, 2023
Scott Hazelton of IHS Markit analyses the construciton landscape in Spain and what contractors can expect in 2023
Outlook for construction in Western Europe
Published on: 09 January, 2023
Economist Scott Hazelton looks at markets under pressure 
Economic outlook: will Australian construction see growth in 2022?
Published on: 15 June, 2022
A new government and continued recovery from Covid could see growth in construction, writes Scott Hazelton
Outlook for French construction
Published on: 10 June, 2022
French construction is expected to see a mostly postive year according to IHS Markit’s Scott Hazelton
Outlook for German construction
Published on: 29 April, 2022
German construction is emerging from the Covid pandemic relatively strongly, but is not, as Scott Hazelton of IHS Markit reports, without its challenges
Outlook for UK construction
Published on: 11 March, 2022
UK construction is emerging from the Covid pandemic relatively strongly, but is not, as Scott Hazelton of IHS Markit reports, without its challenges
Latin America: A region with challenges
Published on: 12 March, 2019
With the two biggest economies in the region continuing to face economic difficulties, the outlook for Latin America has challenges
Economic outlook: Middle East
Published on: 29 October, 2018
The price of oil plays a significant role in the economic health of this region
Economic Outllok: The Middle East
Published on: 21 October, 2015
Lower oil and commodity prices will pose a threat to growth in the Middle East, but many of the region’s larger markets have the resources to ride-out the downturn.
Economic Outlook: African promise
Published on: 09 September, 2015
Sub-Saharan Africa has some of the strongest construction growth prospects in the world, despite the current climate of weak commodity prices.
Economic outlook: Energy price impacts on North American construction
Published on: 16 July, 2015
The North American construction market is in something of a lull this year as weak oil prices hamper Canada and Mexico and the strong Dollar hurts US exports. However, the strengthening US economy should pull the region up.
Economic outlook: Oil stimulus for Asia-Pacific
Published on: 10 June, 2015
Many Asian countries offer high construction growth, and the current slump in oil prices is an added bonus for many (but not all). Scott Hazelton reports
Economic outlook: Latin America
Published on: 18 May, 2015
Weak global economic growth is hitting Latin American construction markets, and the corruption scandal in Brazil emphasises more than ever the need for far-reaching reforms
Economic Outlook: India's untapped potential
Published on: 10 April, 2015
The Indian construction sector is picking up, but the new government will need to be bold with its economic reforms if it is to hit its growth targets.
Economic Outlook: Europe's improving prospects
Published on: 09 March, 2015
Quantitative Easing and the fall in oil prices will boost European construction output this year as a broad recovery takes hold. However, growth will remain weak compared to other regions of the world.
Economic Outlook: China
Published on: 25 February, 2015
Fortunately a hard landing for the Chinese economy still looks unlikely, but the construction market is clearly entering a period of slower growth.
Economic Outlook: The failing Russian market
Published on: 12 November, 2014
The Russian construction market was looking weak even before its actions in the Ukraine triggered a flight of capital and economic sanctions.
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