construction Cámara Nicaraguense de la Construcción Infraestructure & Construction Central Bank of Nicaragua Infrastructure and Construction Mario Zelaya construction sector Construction slowdown Association of Hardware Store Owners building permits construction materials Benjamín Lanzas Construction revival Dongmyeong Engineering Consultants Architecture Economics

Nicaragua: Construction Falls 31% in Q1

In the first three months of the year, the construction industry registered 31% less activity than in the same period of 2009.

Tuesday, June 29, 2010

The best performing subsectors were residential and industrial construction, with a combined drop of -20.3% in the first quarter of the year, and -5.3% when compared to the last quarter of 2009.

Commercial construction was the worst performer, falling 52.8% when compared to the same quarter of 2009.

Source: laprensa.com.ni

¿Busca soluciones de inteligencia comercial para su empresa?

Key entities

Central Bank of Nicaragua Cámara Nicaraguense de la Construcción Mario Zelaya Association of Hardware Store Owners Enrico Targa

Countries

Nicaragua

Insight

construction Construction slowdown Infrastructure & Construction Infrastructure and Construction

Construction Falling in El Salvador

August 2013

In the first quarter of 2013 a decline was registered in the construction sector reflected by lower cement consumption and lower volumes of construction loans.

A report by the Salvadoran Chamber of Construction (Casalco) reveals that during this period, 9,017 bags of cement weighing 42.5 kilograms were consumed, a figure which represents a decrease of 7% compared to the amount consumed in the same period in 2012.

Guatemala: Construction Falls 4.7% in First Quarter

August 2012

Some of the causes mentioned are the low implementation of works by the State and municipalities, reluctance to invest remittances and fiscal reforms that discourage investment.

An article in Prensalibre.com reports that Oscar Sequeira, president of the Statistical Commission of the Guatemalan Chamber of Construction (CGC), said "The new administration generated positive expectations which led to dynamism in the sector, but as time passed by it has gone down, especially after the tax reform."

Costa Rica: Construction Falls by 5%

July 2011

The number of square meters registered in the College of Engineers and Architects is 3.6 million, down 5% compared to the same period in 2010.

The June 2011 report to the Association of Engineers and Architects (CFIA) in Costa Rica contains information on the number of square meters registered by those professionally liable, and is analyzed by province and type of work.

Construction Falls 20% in Nicaragua

October 2009

This year, the construction industry will contribute $60 million less to the country's Gross Domestic Product (GDP).

On average, this industry contributed some $400 million to the nation's GDP each year. However, estimates for 2009 put it at $340 million.

"This somber scenario is further worsened by the loss of 7.000 jobs so far this year, which may not be recovered, said Mario Zelaya, President of the Nicaraguan Construction Chamber, to newspaper La Prensa".