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Arcadis’ Will Waller analyses the 2018 Arcadis annual survey of global construction costs
Material and labour prices are continuing to rise, but global economic uncertainty may affect the numbers in future
Activity, employment prospects and demand are all showing slower growth, with the cost of labour, materials shortages and financial constraints on the rise.
With government pushing the offsite agenda and a growing housing sector needing to access new capacity, how can clients position themselves to take advantage of the benefits of offsite construction?
Repair and maintenance drives growth, ONS figures say
The industry is still looking strong, with growth and confidence holding up, but some weaker areas are beginning to show even as supply constraints continue
Overall activity remains strong, but those working on non-residential and civil engineering projects are starting to experience a fall in work in hand.
More packages experienced an increase in lead times than in the previous quarter, while a growing number of companies are struggling to find skilled labour as workloads increase
The motor industry is gradually shifting to electric vehicles, but the rate of adoption is highly dependent on the rollout of charging infrastructure
Construction output in Q1 of 2018 was 3% below that of a year ago, with public housing contributing most to the fall – while private housing showed healthy growth again
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