Tag Archives: CPA

CPA Autumn Forecasts more tough times ahead for construction

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CPA’s Autumn Forecasts construction output is expected to fall by 6.8% in 2023, similar to the 7% contraction forecast three months ago, before a further marginal fall of 0.3% in 2024. This is a revision down from the 0.7% growth forecast in the Summer publication due to a weaker economic …

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CPA’s State of Trade Survey finds “split in performance” in 2023

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The Construction Products Association reports that in its latest State of Trade Survey that 67% of heavy side and 64% of light side manufacturers cited “demand” as the key concern for sales. The survey found that in 2023 Q2, a balance of 47% of heavy side manufacturers reported that sales …

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Housing slow-up pulls down construction forecasts

Housing development

Construction output is forecast to fall from a record-high level and contract by 6.4% in 2023 according to the CPA’s Spring Forecasts. This is a downgrade from a fall of 4.7% expected in the Winter, driven primarily by sharp falls in the two largest construction sectors – private new housing …

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CPA welcomes positives in Spring Budget

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The Chancellor Jeremy Hunt has positioned his Spring Budget as a plan to remove obstacles to investment, tackle labour shortages, break barriers to work and harness science and technology for growth, according to CPA Economics Director, Noble Francis. “There were a few positives for the construction industry and wider supply …

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Heavy material sales slide on housing slow-up

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Heavy side building material producers have reported falling sales due to a slow-up in project starts for a second quarter. That’s according to the latest Construction Products Association’s State of Trade Survey for the last quarter of 2022, which found that, conversely, light side product sales have held up supported …

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Construction recession on the cards, says CPA

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The construction industry is expected to see a recession this year after two strong years, according to the latest Construction Products Association’s Construction Industry Forecasts. Construction output is expected to fall by 4.7% in 2023 before recovering slowly in 2024 with growth of just 0.6%. Private housing new build, the …

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Construction growth expected to slow, says CPA

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Construction output is forecast to rise by 2.5% in 2022 and 1.6% in 2023. According to the latest CPA construction forecasts as strong growth in warehouses and infrastructure offsets, a slowdown in private housing and a fall in private housing repair, maintenance and improvement (rm&i) from historic high levels. The …

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Heavyside sales to slow down, say suppliers

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Sales of heavy building materials are predicted to slow down, according to the latest trade survey of members of the Construction Products Association. According to the report, nearly a third of heavyside producers expect sales to fall in the third quarter, with 56% anticipating that sales will fall by up …

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Product sales growth eases as costs start to bite

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Construction product manufacturers reported an eighth straight quarter of sales growth in Q2, according to the Construction Products Association’s State of Trade Survey. Combined with another quarter of broad and accelerating cost inflation, expectations have been dampened for the year ahead, however. In Q2, 30% of heavy side manufacturers and …

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CPA consults on new code for construction products

CCPI Report January 2021

The Construction Products Association is launching an industry-wide consultation into a new proposed Code for Construction Product Information. The Code, which is die to be foormally launched later this year, has been developed by the CPA’s Marketing Integrity Group in response to the issues raised in Dame Judith Hackitt’s report …

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