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Epstein File EFTA01459618: Construction (DS10)

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This document analyzes construction sector economic indicators, noting that the construction index stood at 93 (below its long-term average of 100) and was gradually increasing monthly. It includes forecasts for French economic growth at 0.4% quarter-over-quarter in Q1 2016, driven by investment increases and construction sector activity.

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More importantly, the **construction** index, while still below its long-term average of 100 is now at 93 and keeps on gradually increasing every month.
Excerpt 2
We still expect the French economy to grow at 0.4% qoq in Q1 2016, driven by a pick-up in investment as observed in Q4 2015, with the **construction** sector

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