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Oil Prices Drag Down Global Design Market

The market for international design has traveled a rocky road over the past several years. The slowing growth in China’s economy has led to a drop in demand for commodities, the plunge in oil prices has caused deferrals or cancellations in major petroleum projects, and global political and economic unrest has made investments in some regions uncertain. However, shifting demographics and new demands for infrastructure in underdeveloped countries have many international design firms looking to a brightening future.

See the ENR Article.

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