Friday 27 July 2012

Construction Output Is To Fall In Two Years

According to the latest Construction Industry Forecast by the Construction Products Association the construction output is to fall by almost 6% over the next two years, before a return to growth in 2014. The majority of this decline is a result of the cuts to the capital budget and is being exacerbated by a lack of recovery from the private sector which will experience virtually no growth over this same period.




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