Tag Archives: forecasts

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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Construction starts fall by a third from last year

Södra investing for next generation construction 2

Construction project-starts plummeted by -47% to the end of January 2023, compared with the preceding three months to stand one-third lower than a year ago, according to the February edition of the Construction Review from Glenigan, the construction insight and intelligence provider. Construction-starts remained weak throughout the three months to …

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