Moody's: Latin America's construction sector to be bolstered by Mexico, Brazil to stay weak
Sao Paulo, December 07, 2016-- The outlook for the construction, homebuilding and building materials sector in Latin America will be stable for the region as a whole in 2017, as improvements in Mexico's homebuilding industry offset ongoing weakness in Brazilian construction, says Moody's Investors Service in a report. Revenues for Mexican homebuilders will grow between 5% and 15% next year, as Infonavit and Fovissste support revenue growth in the low-income housing market.
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