Budget Jitters Impact Construction Forecasts
Construction output growth forecasts have been revised downward to 1.1% in 2025 and 2.8% in 2026, from previous predictions of 1.9% and 3.7%, respectively.
- Private housing output is forecast to rise by 2.0% in 2025 and 4.0% in 2026, down from previous forecasts of 4.0% and 7.0%.
- Infrastructure output is expected to rise by 1%, with firms reporting slowed activity since Spring, particularly in private housing, infrastructure roads, and commercial new build offices.
House builders cite demand and affordability as major challenges in areas with high house prices, while site viability is a key issue in areas with more affordable housing due to additional government costs.
Demand and affordability remain the biggest challenges in areas of the country where house prices are higher.
Author's summary: Construction forecasts plummet due to budget jitters.
More News
- Man Utd Failed With £50 Million Mbeumo Alternative
- MMJ BioPharma Cultivation: EXPOSÉ: DEA's Marijuana Licensing Scheme Exposed - MMJ BioPharma's Case Reveals DEA Contradiction Blocking FDA Approved Cannabis Medicine
- The new age of pediatric medication awareness - Express Healthcare
- D&H Distributing Adds Dell Servers To Line Card, With Dell Storage Poised For Early 2026
- Flyers send Jett Luchanko back to juniors as development takes priority | NorthPennNow
- Landmark New Report Shows Canadian Lobbyists Represent Major Polluters Alongside Environmental Groups
- The 2026 Legislative Season: Why Your Team Needs To Start Training Camp Now | JD Supra
- Battlefield 6’s New Free-To-Play Battle Royale Mode Launches Tomorrow
- How to Design and Install the Best Ventilation System for Your Cooking Needs | NorthPennNow
- Syngene International announces plans to add bioconjugation suite for end-to-end Antibody-Drug Conjugates Development