More pain little gain
Article Abstract:
Barclays Bank economist, Dr Richard Roberts, forecasts an increase in overall output of 0.4% for the British construction industry during 1996, because even though there will be a gradual recovery in construction work orders, completed projects will not filter through until 1997. New private housing sales are expected to rise slightly during the latter part of the year, although a noticable change will not occur until the lead up to the next general election.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1996
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Tender price forecast
Article Abstract:
The skill shortage in the UK construction industry is forecast to lead to a 2% to 5% increase in tender prices during 1999, while a 6% fall is forecast in industrial output. A maximum 2.2% rise in construction work has been forecast for the year 2000, with the industry facing a maximum increase of 1.3% in workload during 1999. Extra construction projects associated with the Millennium are expected to help maintain healthy forecast figures for the industry.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1999
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Where to next?
Article Abstract:
UK construction industry executives fear a difficult time ahead in 1999, with the threat of recession expected to hit the housing and construction market hard. Industry experts predict industry growth between 1% to minus 1% during 1999, although all expect a recovery during 2000. A 7% fall in the civil engineering and infrastructure sector is predicted due to a reduction in government spending on road projects.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1999
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