The North West region’s story is different from the others. Despite COVID-related restriction policies, the North West still managed to grow in 2020, with a 3.2% total increase in construction volume.
In 2021, however, the side effects of the pandemic are being felt more acutely and the region’s industury volume is expected to decline by about 2.5% this year. Beginning in 2022, we believe the North West market will rise for the next three years. Additionally, in 2020, the infrastructure sector rose 73.1%, followed by a decrease of 22.3% in 2021.
[infogram id=”e3bc593b-995a-482c-9384-bbcf700521f3″ prefix=”bOc” format=”interactive” title=”2021 Q3: North West 1″]
[infogram id=”20c964ec-4793-4acf-b808-b8406c842e1a” prefix=”msV” format=”interactive” title=”2021 Q3: North West 2-3″]