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2023 industry recession to be deeper than first forecast

Construction Enquirer

Construction output is now expected to fall by 6.4% this year after economists at the Construction Products Association sharply downgraded forecasts for the second time. Key points of Spring forecastConstruction output falls by 6.4% Key points of Spring forecastConstruction output falls by 6.4%

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

Construction Law

Adopting measures to comply with the Building Safety Act could hinder the construction sector’s recovery in 2024, according to the latest Spring Market View from consultant Arcadis. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

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Howard Russell Construction goes into administration

Construction Enquirer

Northumberland based Howard Russell Construction has gone into administration. Accounts show that the company owed £4.4m In its forecast for this year Howard Russell was predicting a turnover of up to £80m based on a rising number of negotiated contracts. with 31 staff working at the company.

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The Secret Sauce to Protecting Construction Profits  

Autodesk Construction Cloud

While incredibly rewarding, the construction industry is a challenging sector to work in for cost-focused business and project executives. Bank failures, rising interest rates, high material prices, and labor crunches are all making it more challenging for construction companies to protect, let alone, improve their margins.

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40+ APAC Construction Industry Statistics You Need to Know

Autodesk Construction Cloud

Construction is always changing, which is why it’s worth keeping up with important statistics and developments across the industry. Like many other regions, APAC construction firms are also grappling with issues like labor skill gaps and rising supply costs. You’ll learn about: The current state of construction in APAC.

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Have You Tried?: Executive Level Cross Project Budget Report in Autodesk Build 

Autodesk Construction Cloud

With hundreds of updates to Autodesk Construction Cloud products in the last year alone, keeping tabs on all these new changes can feel overwhelming. We are excited to announce our new “Have You Tried” blog series. Executive Cross Project Budget Report is our first Autodesk Construction Cloud account level report!

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30+ Construction Industry Statistics for EMEA

Autodesk Construction Cloud

Construction industry statistics and data are increasingly important as they help accelerate decision-making on and off the construction site. Seventy-five percent of global construction industry stakeholders agree or strongly agree that the need for real-time decision-making is increasing at the project level. to reach €2.4/£2