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UK economy growth (%)
Economic indicators	2003	2004	2005	2006	2007	2008
	actual	actual	estimate	forecast	forecast	forecast
GDP	2.3	3.3	1.7	2	2.5	2.8
Fixed investment	2.2	6	3	3	3.5	4
Consumer expenditure	2.3	3.3	1.5	2	2.3	3
Real household disposable incomes	2.3	3	1.5	2.2	2	2.5
CPI inflation	1.4	1.3	2.2	2.1	2	2
Bank base rates – June	3.75	4.5	4.75	4.25	4.25	4.25
– December	3.75	4.75	4.5	4.25	4.25	4.5
Source: Construction Products Association

Construction output
	2005	2006	2007	2008
	estimated	forecast	forecast	forecast
Housing
Public (£m)	1,875	2,025	2,145	2,275
% change	–5	8	6	6
Private (£m)	11,120	11,010	11,230	11,455
% change	3	–1	2	2
Total (£m)	12,995	13,035	13,375	13,730
% change	1.8	0.3	2.6	2.6
Other new work
Public non-housing (£m)	7,485	7,580	7,775	7,970
% change	–7.2	1.3	2.6	2.5
Infrastructure (£m)	5,250	5,535	5,915	6,080
% change	–10.3	5.5	6.9	2.7
Industrial (£m)	3,470	3,645	3,645	3,680
% change	3	5	0	1
Commercial (£m)	12,750	13,020	13,565	14,120
% change	0	2.1	4.2	4.1
Total other new work (£m)	28,955	29,780	30,900	31,850
% change	–3.6	2.9	3.8	3.1
Total new work (£m)	41,950	42,815	44,275	45,580
% change	–2.0	2.1	3.4	2.9
Repair, maintenance and improvement
Private housing RM&I	11,795	11,680	12,030	12,390
% change	–5.0	–1.0	3	3
Public housing RM&I	6,710	6,975	7,325	7,470
% change	–2.0	4	5	2
Public other RM&I	7,110	7,250	7,325	7,325
% change	7	2	1	0
Private other RM&I	11,650	11,185	11,405	11,865
% change	1	–4.0	2	4
Total RM&I	37,265	37,090	38,085	39,050
% change	–0.5	–0.5	2.7	2.5
Total all work	79,215	79,905	82,360	84,630
Total % change	–1.3	0.9	3.1	2.7
Source: Construction Products Association