Tag Archives: Forecast

With continuing uncertainty affecting the UK economy, the latest Forecast Report from the Builders Merchants Federation (Winter 2023) highlights the expected impact on building material sales. The BMF correctly forecast annual builders’ merchants’ sales growth in the region of 6.7% in 2022, but price inflation was the main driver here, …

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 …

Forterra, the building materials manufacturer, is expecting better profits thanks to sales contuing their upward trend during the back end of last year. A trading statement to the City this morning (January 26) showed that sales of bricks and blocks were 6% higher in November and December than the previous …

After a weak start to the year following the demise of Carillion in January and adverse weather across the country in February and March, the Construction Products Association’s Spring forecasts anticipate construction output growth for the whole of 2018 will remain flat, before accelerating to 2.7% in 2019 and 1.9% …