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


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


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


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


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


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


Construction growth prospects downgraded again by Experian


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


Infrastructure: Land regeneration for housing

2016-07-07T06:00:00+01:00By Ciara Walker and Katy Baker

We consider the complex, multidisciplinary nature of land regeneration and how housing need and government policy are driving increased demand


Market forecast: Certain uncertainty

2016-05-17T10:29:00+01:00By Michael Hubbard

Q1 sees the UK construction industry with a more uncertain outlook but it’s not all down to the EU referendum – there are a number of complex factors at play


Brexit fears prompt further Experian downgrades

2016-04-22T11:56:00+01:00By Yoosof Farah

Construction ouput forecasts for next two years


Market forecast: Pressure drop

2016-02-16T15:42:00+00:00By Michael Hubbard

Market conditions remain positive across the country, but boosts to regional activity put the squeeze on local supply chains and tender prices

market forecast chart 2

Market forecast: A change of mood

2015-10-29T06:00:00+00:00By Michael Hubbard

With demand outstripping supply, selectivity was the dominant theme for contractors this year. And a failure to attract tenderers led to more creative approaches to procurement. But will these changes be lasting or is this just the current stage of a cyclical process?


Construction output to grow by 3.6% in 2016

2015-10-15T14:27:00+01:00By Yoosof Farah

Latest forecast from Experian show output for all construction work to hit £142bn in 2017

All Market forecast