Construction Industry Scenarios ( )

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Presentation transcript:

Construction Industry Scenarios (2016-18) Noble Francis Economics Director

UK Economy

UK Economy - GDP

Economy – Labour Market

Economy – CPA Economic Forecasts

Construction

Construction – Overall CS: Construction output to rise 0.4% in 2016, fall 0.6% in 2017 & increase 1.2% in 2018 US: Construction output to rise 2.7% in 2016, fall 2.5% in 2017 & increase 4.9% in 2018 LS: Construction output to fall 2.3% in 2016, fall 5.0% in 2017 & decline 3.4% in 2018

Private Housing – Central Scenario

Private Housing CS: Construction output to rise 3.0% in 2016, fall 2.0% in 2017 & remain flat in 2018 US: Construction output to rise 5.0% in 2016, fall 2.0% in 2017 & rise 5.0% in 2018 LS: Construction output to remain flat in 2016, fall 6.0% in 2017 & decline 5.0% in 2018

Public Housing – Central Scenario

Private Housing RM&I – Central Scenario

Commercial – Central Scenario

Industrial – Central Scenario

Infrastructure – Central Scenario

Construction – Overall CS: Construction output to rise 0.4% in 2016, fall 0.6% in 2017 & increase 1.2% in 2018 US: Construction output to rise 2.7% in 2016, fall 2.5% in 2017 & increase 4.9% in 2018 LS: Construction output to fall 2.3% in 2016, fall 5.0% in 2017 & decline 3.4% in 2018

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