Pre-Budget jitters have seen growth expectations for construction output revised substantially down in the Construction Products Association’s Autumn Forecasts published today (October 27). Total construction output is now only forecast to grow by 1.1% in 2025 and 2.8% in 2026, which is a significant revision down from the 1.9% in …
Read More »CLC provides an update on supply chain issues
The CLC has released a statement outlining product supply availability issues across all products and regions. The final statement from, John Newcomb, CEO of the Builders Merchants Federation, and Peter Caplehorn, CEO of the Construction Products Association, of the year confirms little change from the previous October report in terms …
Read More »Housing slow-up pulls down construction forecasts
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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