This is the first construction outlook in a COVID-19 world, and a great deal of uncertainty exists, virtually all of it on the downside. The prevalence of the virus in Latin America is unknown at the time of writing, but significant economic impacts will be transmitted from the rest of the world, even if parts of the region can avoid the pandemic. IHS Markit is still refining its Global Construction Outlook, so the outlook outlined here will evolve.
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