Market forecast: Bouncing back
Rising demand and tightening supply are driving up both costs and tender prices. How much of this is just a spike rather than an underlying upward economic trend?
Market forecast: High hopes
While sentiment is high for a recovery, new orders are not fully mirroring this optimism, and a supply crunch is hitting the materials chain hard
Market forecast: Uncertainty looms
There are signs of an increase in output, but ongoing uncertainty around covid lockdowns and Brexit red tape make the future harder to predict
Market forecast: A slow recovery
Construction output and sentiment have regained much ground after their collapse amid the initial lockdown, but ongoing uncertainty means recovery is wobbly
Market forecast: Rising, but for how long?
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
Market forecast: Recovery scenarios
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
Market forecast: Output rises
New work output expanded in the latest quarter to a year-on-year figure of 4%
Market forecast: New work grows – just
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
Market forecast Q2 2019: Slowing down
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
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
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
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
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
Market forecast: On the slide?
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
Market forecast: Maintaining margins
Technically the construction industry is in a recession, but many firms continue to report stable activity levels for now
Market forecast: Holding steady?
Technically the construction industry is in a recession, but many firms continue to report stable activity levels for now
Market forecast: Consistently uncertain
Construction data – both hard and soft – remains consistently inconsistent. Overall construction activity is slowing, but this doesn’t tell the full story
Market forecast: Carry on regardless
The UK construction industry maintained notable growth rates and posted high output numbers but uncertainty endures on both the domestic and international stage
Market forecast: Still on the up
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
Market forecast: Medium term limbo
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