All forecasts articles
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NewsBad weather and Carillion to send output sinking to six year low
Growth this year will be ravaged by Carillion collapse and bad weather, CPA warns
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CommentThe cost to construction of false optimism
How many firms have gone to the wall in construction because they took the advice of persistent optimists?
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CommentThe good, the bad and the ugly to be found in the latest construction data
The latest figures are interesting but do little to shift the reality of a pretty grim picture for construction
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CommentSome lessons to learn from the downward revisions to construction forecasts
We should not be surprised by the downward revisions - of more interest is the impact of public sector cuts on private sector activity
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CommentConstruction industry forecasters are of one mind: It’s worse than we thought
It also illustrates just why construction leaders have stepped up their campaign to get government to boost building
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CommentForecasters see longer deeper double dip for construction
Expectations for recovery have been revised downwards
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CommentThe latest construction forecasts may be more optimistic, but the risks haven’t gone away
Forecasters have tweaked their figures upwards but uncertainty remains over how much the private sector will boost construction output
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CommentWhy is confidence rising in the construction industry when it appears set for recession?
There seems to be a surprisingly level of optimism at the moment – it could be well founded, but the chances appear slim
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Comment2012 will be a stinker for construction
Forecasters seem unified in their pessimism over future construction output
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CommentWhere will the construction work be in 2012?
There may be less work in 2012, but that doesn’t mean less opportunity for smart construction firms
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CommentForecasters shade down expectations for construction on private sector growth fears
At best forecasts suggest the industry is facing two years of a second dip into recession
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CommentRICS sees some positive signs in the private sector, but it's London and South-east driven
There are some positives in the latest survey but don’t get too excited until you read all the figures
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CommentMood grows gloomier among construction industry forecasters
The surge in work in 2010 and pessimism about private sector growth have contributed to downgrades in forecasts
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Comment
Latest construction forecasts suggest there is more to fear than hope for
The latest round of forecasting by construction experts paints a picture little changed from three months ago with little hope of significant growth, much uncertainty and the risks to growth heavily weighted on the down side.The general pattern they expect can be seen from the graph (right).It shows that after ...
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Comment
It’s a double-dip recession for construction, if the statisticians’ first stab at growth is right
Construction has fallen into a double-dip recession – that is if the preliminary estimates by the statisticians putting together the first quarter 2010 gross domestic product figures are to be believed.The preliminary GDP figures put growth at a pallid 0.2% for the economy as a whole. This low level of ...
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Comment
Budget figures confirm the urgent need for new sources of investment in construction
As if in compensation for all the anticipation before and excitement during the Budget announcement, we are left with the dull thud back to reality afterwards.Certainly, for construction the Budget itself changed little of substance.Alright the first-time buyer stamp duty holiday was an eye-catching cheeky move. But we all know ...
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Comment
118 000 a number to remember – 240 000 a number best forgotten
118,000: The number of new homes that were completed in England in 2009, according to the latest official data.240,000: The number of new homes to be created annually in England from 2016, according to the targets set when Yvette Cooper, Minister for Housing and Planning at the time, announced the ...
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Comment
Forecasts point to a tough and risky road ahead for construction
The latest Experian forecast is out today and it paints a broadly similar, albeit slightly more optimistic, picture to that of the recently released forecast from the Construction Products Association.The main point of departure is on the views towards housing. Here the Experian forecasters are more bullish, if you can ...
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Comment
Why the forecast of a shallower recession is bad news for contractors
The latest forecast from the Construction Products Association suggests that the drop in future workload will not be as large as the forecasters had previously thought.The graph opposite compares the past three Construction Products Association forecasts.It clearly shows that with each progressive quarterly forecast the expected hole in construction workload ...
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Comment
Pundits on balance point to flat house prices in 2010
It's the time of the year for reflections, resolutions and prognostications. And what can be more fun than guessing the likely path of house prices?Well I can think of a few things. And I'm also left wondering why anyone would wish to state a house price forecast publicly and put ...