Overall the UK construction market is forecast to contract this year and next, falling by 6% in 2018 and 4% in 2019.
Whilst overall starts will decline this year, growth is forecast in the education, health and civil engineering sectors. Growth will also be focused outside London and the South East, with project starts in the Midlands and the North of England being the strongest performing regions.
Download a copy of our 26-page construction industry forecast report which analyses our latest data on UK building activity and provides an assessment of the industry’s prospects for 2018 and 2019, for each sector of the market. Topics covered include:
- Overall weakening in construction project starts during 2018 and 2019
- Business investment hit by slow UK economic growth and political uncertainty
- Weaker housing market activity and slowdown in office sector
- Increase in logistics projects
- Major projects boost civil engineering workloads
As a Glenigan customer, we’re happy to share this unique insight with you to help you stay informed.
Click here to download your copy of the report.
If you have any questions, or would like to discuss how Glenigan research can help shape your business strategy, then please do get in touch with Allan Wilén on 0207 7156433, or email allan.wilen@glenigan.com.