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Monday20 May 2013

Market forecast

market forecast

Market forecast: Mixed messages

31 Jan 13

The new year kicked off with fears of a triple-dip recession but with the markets bullish and most companies cautiously optimistic. Peter Fordham of Davis Langdon, an Aecom company, reports

Market forecast

Market forecast: Five years on …

26 October 2012

Half a decade since the start of the economic crisis, output is still falling and tender prices continue to head south. Peter Fordham of Davis Langdon, an Aecom company, reports

MarketForecast30Graph2

Market forecast: Further to fall

27 July 2012

With the economic outlook worsening, construction activity is expected to keep slowing until the end of 2013, with prices rising slightly

Previous market forecasts

Construction workers

Market forecast: Spring hasn’t sprung

20 April 2012

Fears over the eurozone crisis may be subsiding, but construction is still in for a miserable year, with £5.4bn less work than 2011

market

Market forecast: Stuck in the mud

28 October 2011

Prices have continued to stagnate in 2011, says Peter Fordham of Davis Langdon, an Aecom company. And with the eurozone crisis and global unease, construction isn’t going anywhere fast

economics

Market forecast: Uncertainty rules

21 April 2011

Tender prices are still falling while material prices and wages are rising, says Peter Fordham of Davis Langdon, an Aecom company. All these bank holidays aren’t helping either

Global Capital Investment

Market Forecast: Depth Gauge

28 January 2011

It’s difficult to say whether we have reached the bottom of the pricing trough, says Peter Fordham of Davis Langdon, an Aecom company. What’s sure is that material prices will rise

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Market forecast the depths of winter

29 October 2010

After the uplift in activity in the first half of this year and the swingeing cuts in the spending review, a long and difficult winter lies ahead, says Peter Fordham of Davis Langdon

Market forecast: Chink of light

30 April 2010

Construction prices edged up in the first quarter of the year. So does that mean the industry recession is at an end? Sadly not, says Peter Fordham of Davis Langdon

Market forecast: Still a way to go

30 October 2009

Despite signs of recession abating in some quarters, 2010 will remain tough for the building industry, particularly with public sector work likely to shrink

Market forecast: Where are we now?

1 May 2009

The plunge in tender prices has ended and costs are falling, but the outlook is still gloomy, thanks in part to the decline in the value of the pound. Peter Fordham of Davis Langdon crunches the numbers

Market forecast: Going down

31 October 2008

Continuing work has helped the industry survive so far, but that is about to change.

More than 34,000 jobs have gone on Wall Street during the credit crunch

Market forecast: Growth slips

2008 Issue 17

Tender prices are rising less rapidly as new orders slow, while growth could fall below 1% this year, warn Peter Fordham and Máren Bauldauf of Davis Langdon

Market forecast: That sinking feeling

27 January 2012

Construction output looks set to fall by 5% in 2012 as new work dries up and the UK, like the rest of Europe, slips back into recession. Peter Fordham of Davis Langdon, an AECOM company, reports

market

Market forecast: Glass half empty

29 July 2011

Things are looking up in London, but the rest of the country is lagging behind, says Peter Fordham of Davis Langdon, an Aecom company. Another difficult year for the construction industry lies ahead

Princess University Saudi Arabia

Country focus: Saudi Arabia

04 March 2011

Investment opportunities are rife in Saudi Arabia at the moment, thanks to a growing economy and population. Colin Morris from EC Harris, reports

Investment has come to the secondary cities where investors have seen the potential of commercial developments such as this shopping centre

Country focus: Poland

07 January 2011

EU funding and infrastructure projects cushioned Poland from the downturn, but the public sector culture of always accepting lowest price tenders needs to change

WSP Cantor Seinuk was the structural engineer on Frank Gehry’s stainless steel-clad brain health centre in Las Vegas. The rise in steel prices has now begun to ease

Market forecast: On the level

23 July 2010

The brief rise in tender prices is over but so, it seems, are the sharp falls that characterised last year.

Market forecast: Another tough year

29 January 2010

Now that 2009 has come into focus, we can clearly see what a disastrous year it was. Unfortunately, the process of recovering from it will not be quick, says Peter Fordham of Davis Langdon

Market forecast: A history lesson

24 July 2009

Peter Fordham of Davis Langdon presents the latest news of the blues, and an illuminating comparison between this recession and the previous three

Will Bank of England governor Mervyn King cut interest rates to zero?

Market forecast: Two years to go …

30 January 2009

Building prices plummeted 7.5% in the last quarter of 2008, and aren’t set to bottom out until 2011. Peter Fordham and Maren Baldauf-Cunnington of Davis Langdon deliver the latest grim predictions

Global concern: world stock markets have plummeted

Market forecast: Cut-throat times

25 July 2008

Soaring materials costs have driven up building costs and tender prices, but the economic slowdown is set to apply the brakes. Peter Fordham of Davis Langdon reports

Rainy days: the Bank of England says commercial property is a serious risk

Market forecast: Orders holding up

2008 Issue 4

Despite the pessimism all around, most contractors have strong order books and there are few reports of projects being cancelled or delayed. Peter Fordham of Davis Langdon reports

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