Construction industry growth slows
Series: Construction Products Association Press Release ; 13 January 2003, (3)Publication details: 2003Subject(s): Summary: The construction industry can expect little growth in the next two years, according to the latest Construction Products Association forecast. A sharp decline in private sector investment is predicted for this and next year, and industry growth will fall to 3.7% this year, dropping to 0.6% in 2004. Output growth was expected to have increased more than 7% last year, the highest rate of growth since 1988. Growth is expected to improve slightly in 2005, up to 1.3%. Table. Copies of the forecast are available from t +44 (0)20 7323 3770 or [email protected] www.constprod.org.uk/download/pr/Forecast%20PR%2010.01.03.doc| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3903-01 (Browse shelf(Opens below)) | 1 | Available | 121080-1001 |
The construction industry can expect little growth in the next two years, according to the latest Construction Products Association forecast. A sharp decline in private sector investment is predicted for this and next year, and industry growth will fall to 3.7% this year, dropping to 0.6% in 2004. Output growth was expected to have increased more than 7% last year, the highest rate of growth since 1988. Growth is expected to improve slightly in 2005, up to 1.3%. Table. Copies of the forecast are available from t +44 (0)20 7323 3770 or [email protected] www.constprod.org.uk/download/pr/Forecast%20PR%2010.01.03.doc