Builders slash growth forecasts
Builders slash growth forecasts
- 1993
- Times 14 December 1993, 2 Daily Telegraph 14 December 1993, 23(1) .
The National Council of Building Materials Producers (BMP) predicts that output will only increase by 0.5% in 1994 and 2% in 1995, less than half that originally forecast. Reductions in public spending announced in the November Budget is a cited reason.
BUILT ENVIRONMENT-BUILDING MATERIALS
CONSTRUCTION MARKET
FORECAST
Infrastructure
OUTPUT
PUBLIC SPENDING
ROADBUILDING
SOCIAL HOUSING
The National Council of Building Materials Producers (BMP) predicts that output will only increase by 0.5% in 1994 and 2% in 1995, less than half that originally forecast. Reductions in public spending announced in the November Budget is a cited reason.
BUILT ENVIRONMENT-BUILDING MATERIALS
CONSTRUCTION MARKET
FORECAST
Infrastructure
OUTPUT
PUBLIC SPENDING
ROADBUILDING
SOCIAL HOUSING