CPA downgrades output growth forecast as Budget uncertainty hits confidence

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Firms report slowing activity across the construction supply chain

The Construction Products Association has significantly downgraded its output forecast for 2025 and 2026 as it warned of growing uncertainty ahead of next month’s Budget.

The CPA’s autumn forecast revised output growth for this year from 1.9% to 1.1%, and for next year from 3.7% to 2.8%.

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