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Market forecast

Optimism

Market forecast: Uncertainty looms

2021-02-12T05:00:00+00:00By Michael Hubbard

There are signs of an increase in output, but ongoing uncertainty around covid lockdowns and Brexit red tape make the future harder to predict

Screenshot 2020-11-20 at 09.28.22

Market forecast: A slow recovery

2020-11-23T05:00:00+00:00By Michael Hubbard

Construction output and sentiment have regained much ground after their collapse amid the initial lockdown, but ongoing uncertainty means recovery is wobbly

Business sentiment 2

Market forecast: Rising, but for how long?

2020-08-13T05:00:00+01:00By Michael Hubbard

While the initial bounce-back looks to be V-shaped, there are strong reasons to believe that could change in the medium term as downside risks materialise

CBI Business Optimism Index

Market forecast: Recovery scenarios

2020-05-15T06:00:00+01:00By Michael Hubbard

Our regular market forecasts on output, activity, costs and tender prices include an analysis of three different scenarios for recovery from the pandemic’s economic impact

Yearly % change Market Forecast Q4 2019 2020-02-13 at 16.18.48

Market forecast: Output rises

2020-02-17T06:00:00+00:00By Michael Hubbard

New work output expanded in the latest quarter to a year-on-year figure of 4%

Aecom-indices

Market forecast: New work grows – just

2019-11-14T07:38:00+00:00By Michael Hubbard

New work output saw a little expansion in Q2, but, year-on-year, new orders slipped after a minor rebound in Q1 as Brexit uncertainty continues to make itself felt

Aecom-indices

Market forecast Q2 2019: Slowing down

2019-08-23T10:41:00+01:00By Michael Hubbard

All construction work output experienced a fillip in Q1 2019, while tender prices increased over the year at Q2 2019

Aecom-indices

Market forecast Q1 2019: Slowing down

2019-05-20T05:00:00+01:00By Michael Hubbard

Tender prices are likely to rise at a slower rate over the next couple of years, as output wavers and business confidence stays low

Aecom-indices

Market forecast Q4 2018: Losing confidence

2019-02-14T06:00:00+00:00By Michael Hubbard

Tender prices in the year to Q4 kept climbing in the wake of rising building costs, as construction output rebounded in Q3 – but new orders dropped

Aecom-indices

Market forecast: Past the peak

2018-11-15T07:00:00+00:00By Michael Hubbard

The initial market reaction to the Brexit vote was muted, with output soon recovering strongly, but the trend seems likely to have turned, just as our exit from the EU is imminent. Michael Hubbard of Aecom reports

New-Work-Output-by-Sector

Market forecast: Treading water

2018-08-10T06:00:00+01:00By Michael Hubbard

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

AECOM indices

Market forecast: On the slide?

2018-05-18T11:37:00+01:00By Michael Hubbard

Brexit looms ever larger, with no answers as yet, while output continues a gradual decline and firms struggle to turn rising input cost pressures into higher market selling prices

Aecom indices

Market forecast: Maintaining margins

2018-02-14T06:30:00+00:00By Michael Hubbard

Technically the construction industry is in a recession, but many firms continue to report stable activity levels for now

Graph3

Market forecast: Holding steady?

2017-11-16T06:00:00+00:00By Michael Hubbard

Technically the construction industry is in a recession, but many firms continue to report stable activity levels for now

Aecom indices for market forecast 28 August issue

Market forecast: Consistently uncertain

2017-08-08T07:00:00+01:00By Michael Hubbard

Construction data – both hard and soft – remains consistently inconsistent. Overall construction activity is slowing, but this doesn’t tell the full story

New work output - sector changes indexed to Q2 2010

Market forecast: Carry on regardless

2017-05-16T06:00:00+01:00By Michael Hubbard

The UK construction industry maintained notable growth rates and posted high output numbers but uncertainty endures on both the domestic and international stage

UK construction quarterly output

Market forecast: Still on the up

2017-02-14T06:00:00+00:00By Michael Hubbard

The trend continues for rising optimism and workload, though materials costs and wage rates are also increasing, while market uncertainty may have some surprises to pull, says Michael Hubbard of Aecom

Aecom Indices

Market forecast: Medium term limbo

2016-11-17T06:00:00+00:00By Michael Hubbard

Brexit continues to cause uncertainty, with increasingly mixed views about the medium-to-long-term emerging across the market. But as Michael Hubbard of Aecom reports, for now, business is looking good

Market Forecast August 2016 A

Market forecast: Not the whole story

2016-08-08T12:47:00+01:00By Michael Hubbard

As we look at the Q2 figures, people are ready to blame Brexit for plunging the UK construction economy into a darker period. But the reality is more complex. Michael Hubbard of Aecom reports

GCF

Construction growth prospects downgraded again by Experian

2016-07-11T07:40:00+01:00By Iain Withers

Experian publishes chastening set of forecasts - before it’s even estimated likely impact of Brexit

All Market forecast

 

 

 

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