macro

Scandinavian construction to rebound in 2026, led by infrastructure projects

VEI forecasts Scandinavian contractor output to rise 7% in 2026 and 3% in 2027, then stay flat in 2028. The forecast was reported by TradingView.

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what happened

VEI forecasts that Scandinavian contractor output will climb 7% in 2026, grow 3% in 2027 and hold steady in 2028. The information was published by TradingView.

Infrastructure and public-building orders are the main source of strength. Housing in Norway remains weak, and construction costs stay elevated.

why it matters

For markets, this points to an uneven recovery in Northern Europe's construction sector: infrastructure work supports contractors, while the weak housing segment and high costs limit growth. The effect on broader markets is modest.

tags

sources

  1. VEI: 2026’s construction rebound is led by infrastructure, while housing and costs remain uneven — TradingView, 21 October 2026 at 05:15 UTC

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