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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% in 2024 • Industrial output to rise by 1.1% fall in output.

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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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3 cash flow forecasting tips for your next big construction project

Viewpoint Construction Technology

Considering these complexities, it’s easy to understand why, throughout the life of a project, a variety of things can change — directly impacting the original cash flow forecast. Here are three ways to ensure your cash flow forecast gets your project done on time, on brief and on budget. Create Rolling Enterprise Cash Flow Forecasts.

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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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U.S. Construction Industry Forecast

Construction Business Owner

The United States construction industry is viewed as a key indicator of the strength of the American economy, consumer confidence and unemployment trends. construction tends to increase, signaling improved consumer confidence and the spending that accompanies that confidence.

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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% in London and 3.5%

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ANZ Construction Industry Forecast—Part 1 of 2: Challenges for the Next Five Years

Viewpoint Construction Technology

Part 1 of this two-part series looks at the challenges Australian and New Zealand contractors are still facing and what that means for work ahead.