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2023 industry recession to be deeper than first forecast

Construction Enquirer

this year after economists at the Construction Products Association sharply downgraded forecasts for the second time. Falling private new housing combined with recent government delays to major infrastructure projects has prompted the spring forecast downgrade from a previously forecast 4.7% fall in output.

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Mace raises tender price forecast as wages rise again

Construction Enquirer

Mace has increased its tender price forecast in light of further inflation. The latest forecast balances the positive economic growth in the first quarter, the rate of material prices continuing to cool – but also the recent news that the UK economy continues to suffer from significant inflation. in London and 3.5%

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Building Safety Act will add to project delays, says industry forecast

Construction Law

To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account. See the panel to the right.

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How Connected Construction is Shaping the Future

Viewpoint Construction Technology

Forecasts from Dodge Data & Analytics and Viewpoint show a construction rebound, and modern, connected technologies are fueling an industry recovery.

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Construction Industry in US, Canada Poised for Growth

Construction Superintendent Magazine

After a year of stabilization, the construction industry in the U.S. JLL’s new U.S. and Canada Construction Trends 2024 forecast explores the opportunities and challenges facing the construction industry in the year to come.

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Rising Energy Costs to Bring Construction Inflation

The Constructor

Leading global designing and engineering consultant, Arcadis, has forecast high inflation in the construction industry from next year due to rising.

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Improve Cash Flow Forecasting with Autodesk Construction Cloud

Autodesk Construction Cloud

Without being able to accurately forecast cash flow, making important decisions about the future of your firm or projects is a risky venture at best. The challenge with forecasting is that it’s often a time-consuming process making sense of scattered data , various spreadsheets, and multiple disconnected processes or systems.