Michael Hubbard

  • Aecom indices
    Features

    Market forecast: Maintaining margins

    2018-02-14T06:30:00

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

  • Graph3
    Features

    Market forecast: Holding steady?

    2017-11-16T06:00:00

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

  • New work output - sector changes indexed to Q2 2010
    Features

    Market forecast: Carry on regardless

    2017-05-16T06:00:00

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

  • cost-update-index
    Features

    Cost update Q1 2017

    2017-06-13T13:02:00

    Building, electrical and mechanical costs are rising at varying rates along with materials costs as sterling continues to fluctuate but wages have fallen slightly year-on-year

  • Aecom indices for market forecast 28 August issue
    Features

    Market forecast: Consistently uncertain

    2017-08-08T07:00:00

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

  • AECOM cost prices Q2 2017
    Features

    Cost update Q2 2017

    2017-09-12T11:32:00

    Materials cost inflation continues to rise, although the effects of sterling’s weakness are filtering out slightly and the increase in input costs has slowed.

  • Metal-prices
    Features

    Cost update Q4 2015

    2016-03-15T16:24:00

    Labour costs continue to be the primary driver of building cost inflation in last year’s final quarter, with a mixed picture still for building materials

  • 01AecomIndices
    Features

    Market forecast: Certain uncertainty

    2016-05-17T10:29:00

    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

  • Metals prices
    Features

    Cost update Q1 2016

    2016-06-14T07:00:00

    Labour cost inflation remains the primary culprit for a continued rise to building costs, but the rate at which materials costs are growing is still moderate

  • Market Forecast August 2016 A
    Features

    Market forecast: Not the whole story

    2016-08-08T12:47:00

    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

  • Metals prices
    Features

    Cost update Q2 2016

    2016-09-15T10:34:00

    Labour cost inflation continues to be the prime driver for an overall rise in building costs, but increased material costs are also playing their part

  • Aecom Indices
    Features

    Market forecast: Medium term limbo

    2016-11-17T06:00:00

    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

  • UK construction quarterly output
    Features

    Market forecast: Still on the up

    2017-02-14T06:00:00

    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

  • cost-update-index
    Features

    Cost update Q4 2016

    2017-03-14T12:15:00

    The fall in the value of sterling has caused building costs and consumer prices to rise, while manufacturing input has taken a hard hit in the last year

  • AECOM Index Series (formerly Davis Langdon)
    Features

    Market forecast: A confidence shift

    2013-10-30T06:00:00

    Leading indicators highlight renewed optimism. But don’t break open the champagne just yet …

  • UK Construction Output - All work - November 2013
    Features

    Market forecast: Back in demand

    2014-01-22T09:12:00

    The upturn in industry fortunes - which some predict will continue until 2017 - is being reflected in notable rises in tender prices, building costs, and pressure on resources

  • Market forecast 1 graph 250414
    Features

    Market forecast: Rebound on track

    2014-04-23T08:42:00

    Although Q1 2014 saw output and price levels taper off, the overall direction of the industry remains encouraging, especially considering its supply and skills constraints

  • Aecom indices
    Features

    Cost update Q1 2014

    2014-05-28T10:00:00

    New housing construction is primary reason for total construction increase since Q3 2013. Total employment figures increase year-on-year

  • market forecast 2 graph 180714
    Features

    Market forecast: Overall improvement

    2014-07-15T10:24:00

    Q2 2014 saw tender prices and overall activity pick up the pace, largely due to the housing sector. While the demand for skilled trades has led to increases in day rates and wages

  • Aecom indices
    Features

    Cost update: Q2 2014

    2014-08-27T14:00:00

    Construction output recorded no change compared with the last quarter, while new housing construction is the primary reason for rises in new work output

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