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

  • 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.

  • 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

  • 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

  • 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 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

  • 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

  • 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

  • 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

  • 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 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

  • 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

  • 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

  • METALS
    Features

    Market forecast: Pressure drop

    2016-02-16T15:42:00

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

  • Economics-002
    Features

    Cost update Q3 2015

    2015-11-27T06:00:00

    Labour prices continue to be the main driver behind cost inflation in the third quarter of the year

  • market forecast chart 2
    Features

    Market forecast: A change of mood

    2015-10-29T06:00:00

    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?

  • AECOM indices
    Features

    Cost update Q2 2015

    2015-08-25T07:00:00

    Materials cost inflation falls again but construction weekly earnings continue to outperform those of the wider economy

  • B / quarterly construction output (all work) and annual rate of change (new work)
    Features

    Economics: Market forecast

    2015-07-15T07:01:00

    Revised figures for Q1 2015 saw market pricing volatility increase, with a project’s attractiveness playing a crucial role in this current trend. Michael Hubbard of Aecom reports

  • AECOM indices
    Features

    Cost update Q1 2015

    2015-05-27T11:05:00

    The consumer price inflation rate dips into negative territory on a single-month basis for the first time in recorded history

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