Looking ahead to 2006
Looking ahead to 2006
- 2004
- Building 268(8314) 9 January 2004, 53-61(9) .
Experian Business Strategies report that there was 4% real term growth in the construction industry compared with an increase of 2% of GDP. Future growth is thought to be more modest with 3% predicted for 2004 and falling to 2% in 2005. Public non-residential construction is booming but this will decrease towards the end of the forecast period 2003-06, while commercial construction has moved sharply into recession and activity is expected to decline until 2006. Includes tables and information on construction output, regional output and orders.
CONSTRUCTION INDUSTRY
CONSTRUCTION OUTPUT
CONSTRUCTION ORDERS
REGIONAL ORDERS
Experian Business Strategies report that there was 4% real term growth in the construction industry compared with an increase of 2% of GDP. Future growth is thought to be more modest with 3% predicted for 2004 and falling to 2% in 2005. Public non-residential construction is booming but this will decrease towards the end of the forecast period 2003-06, while commercial construction has moved sharply into recession and activity is expected to decline until 2006. Includes tables and information on construction output, regional output and orders.
CONSTRUCTION INDUSTRY
CONSTRUCTION OUTPUT
CONSTRUCTION ORDERS
REGIONAL ORDERS