Construction industry will slow down despite increased spending
Construction industry will slow down despite increased spending
- 2003
- RICS Press Release 31 January 2003, (1) .
Construction Products Association forecasts that the growth in construction output is expected to slow significantly in the next 2 years before picking up again in 2005. The decline will be led by a sharp fall in private sector investment over the next two years. This will reduce output growth to 3.7% in 2003 and 0.6% in 2004. For the RICS news story: http://www.rics.org/ricscms/bin/show?class=News&template=/includes/shownews.html&id=4755 For the CPA news release: http://www.constprod.org.uk/download/pr/Forecast%20PR%2010.01.03.doc
CONSTRUCTION PRODUCTS ASSOCIATION
CONSTRUCTION OUTPUT
CONSTRUCTION GROWTH
PUBLIC SECTOR CONSTRUCTION
Construction Products Association forecasts that the growth in construction output is expected to slow significantly in the next 2 years before picking up again in 2005. The decline will be led by a sharp fall in private sector investment over the next two years. This will reduce output growth to 3.7% in 2003 and 0.6% in 2004. For the RICS news story: http://www.rics.org/ricscms/bin/show?class=News&template=/includes/shownews.html&id=4755 For the CPA news release: http://www.constprod.org.uk/download/pr/Forecast%20PR%2010.01.03.doc
CONSTRUCTION PRODUCTS ASSOCIATION
CONSTRUCTION OUTPUT
CONSTRUCTION GROWTH
PUBLIC SECTOR CONSTRUCTION