Tender price forecast
Series: Building ; 269(8345) 13 August 2004, 52-54(2)Publication details: 2004Subject(s): Summary: Gives a general outlook for the construction market. Reports that there are some very positive signs such as the economy growing at its fastest rate for four years and construction output statistics for the first quarter of 2004 showing an adjusted figure of 9% growth since the same period last year. Mentions some remaining problems such as the industry facing underlying cost inflation greater than for some time which has made construction price inflation double that of general inflation over the past year. Notes how London has bucked this general trend with tender prices having increased at a lower rate than the Retail Price Index; this is due to the decline in the construction workload in London.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS68094 (Browse shelf(Opens below)) | 1 | Available | 127231-1001 |
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Gives a general outlook for the construction market. Reports that there are some very positive signs such as the economy growing at its fastest rate for four years and construction output statistics for the first quarter of 2004 showing an adjusted figure of 9% growth since the same period last year. Mentions some remaining problems such as the industry facing underlying cost inflation greater than for some time which has made construction price inflation double that of general inflation over the past year. Notes how London has bucked this general trend with tender prices having increased at a lower rate than the Retail Price Index; this is due to the decline in the construction workload in London.