A strong supply chain, growing despite inflation and capable of supporting the country's GDP. This is the picture of the construction sector that emerged from the Federcostruzioni Report presented yesterday. The numbers for 2022, compared with those already very positive for 2021, speak for themselves: the construction sector has reached a total value of production of about 600 billion euros, with an increase of as much as +100 billion euros (+19.6%) compared to the previous year, mainly due to the decisive impact of tax bonuses and the National Recovery and Resilience Plan (PNRR). Of the investments envisaged by the PNRR, 108 billion euros concern precisely the world of construction, and what's more, it turns out that 78% of the already made expenditure of the PNRR concerns investments in construction. Good news also on the employment front: at the end of 2022, the number of people employed was just over 3 million, a good 250 thousand more (+9%) than in 2021. All this has a significant impact on the entire economic fabric of the country: in the last two years, according to the MEF, more than half of Italy's GDP growth is attributable to construction and its long production chain. But what are the prospects for the end of 2023 and the near future? According to Federcostruzioni, the balance at the end of the year will still be positive. In fact, a growth of +4 percent is estimated for the sector. However, there are some shadows on the future of the supply chain: inflation, rising energy costs, geopolitical instability and the Superbonus cut make it complex to predict with certainty the trend during 2024.
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