Thursday 25 October 2018

CPA downgrades UK construction forecasts

GROWTH for the UK’s construction sector next year has been downgraded amid signs Brexit uncertainty and ongoing delays in the delivery of major infrastructure projects continue to weigh on activity.  
The Construction Products Association’s Autumn Forecasts anticipate growth will remain flat in 2018, and rise by only 0.6% in 2019, a downward revision from its previous estimate of 2.3%.