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Growth for North America revised downwards due to rising inflation
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New forecast from GlobalData says total infrastructure spending in US to hit US$1.4 trillion over the next eight years
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Report predicts construction to see good growth in 2021, although issues such as lack of materials remains a concern
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The impact of the new US President has already been felt by the construction sector
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Despite ongoing activity, industry feels impact of Covid-19 and low oil prices