All Construction Products Association articles 鈥� Page 2
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CommentWhy the CPA is right to push quantitative easing for house building
There鈥檚 growing backing in the construction industry for using the quantitative easing machine as a means to increase the number of homes being built
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CommentMood grows gloomier among construction industry forecasters
The surge in work in 2010 and pessimism about private sector growth have contributed to downgrades in forecasts
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CommentConstruction output: So far it鈥檚 better than last year, but can that last?
Output figures are looking good but why, how and is this sustainable?
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CommentForecasters see pain deferred as recessions takes longer to bite in construction
Latest forecast suggests the slide into recession for construction will be more gentle than first thought
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CommentForecasters shade up their estimates for construction output
But diverse range of views on economy鈥檚 prospects shows level of uncertainty in construction
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CommentNo spring bounce in work say contractors鈥� despite official figures showing a huge jump
The CPA says contractors were working less in Q2. So how does this tally with the huge jump in construction output reported by the ONS?
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CommentConstruction Growth Drives Economic Recovery? Really?
ONS said that GDP in 2010 Q2 grew at double the rate that macroeconomic forecasters were anticipating and that the main driver was construction... really?
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Latest construction forecasts suggest there is more to fear than hope for
The latest round of forecasting by construction experts paints a picture little changed from three months ago with little hope of significant growth, much uncertainty and the risks to growth heavily weighted on the down side.The general pattern they expect can be seen from the graph (right).It shows that after ...
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Forecasts point to a tough and risky road ahead for construction
The latest Experian forecast is out today and it paints a broadly similar, albeit slightly more optimistic, picture to that of the recently released forecast from the Construction Products Association.The main point of departure is on the views towards housing. Here the Experian forecasters are more bullish, if you can ...
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Why the forecast of a shallower recession is bad news for contractors
The latest forecast from the Construction Products Association suggests that the drop in future workload will not be as large as the forecasters had previously thought.The graph opposite compares the past three Construction Products Association forecasts.It clearly shows that with each progressive quarterly forecast the expected hole in construction workload ...
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Growing evidence of double dip collapse for construction
The latest round of trade survey data points to an ugly acceleration in the rate of collapse of workloads.Persistent sightings of green shoots over the late spring and summer now look to have been little more than a mirage.The construction trade survey compiled by the Construction Products Association says the ...
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Forecasts suggest some rays of hope, but huge uncertainty remains
For those with an optimistic nature there was some good news to be seen in the latest set of industry forecasts with both the Construction Products Association and Hewes trimming how much they feel output in the industry will fall.Indeed the three forecasts came closer together in this round of ...
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Contractors face a 拢24 billion drop in new work
UK contractors should prepare themselves for a 拢24 billion drop in the annual cash value of new work coming through as the recession reaches its expected bottom in 2011.Shrinking volumes and plunging prices threaten to drag the cash spent on buying new construction work down from 拢70 billion in 2007 ...
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And the slump goes on 鈥�
The UK economy shrank by another 0.8% in the second quarter, according to preliminary figures. While the drop was markedly slower than the 2.4% decline in the first quarter of this year, it was still a much sharper contraction than many analysts had hoped for. It also marked the fifth ...
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Recession may cost 800,000 construction jobs - that's one in three
The latest forecast from the Construction Products Association puts the annual peak to trough fall in construction at a shade above 20%.That probably translates to a 22% to 23% fall peak to trough on a quarterly basis, which compares with the 15% seen in the 1990s recession.This is a sharp ...
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5 reasons why we might be facing the mother of all construction recessions
It's coming around to the construction forecasting season again and the industry prognosticators will be gathering to discuss the ups and downs of the industry.If I were you, I'd be bracing myself for some pretty savage revisions to what already look like pretty savage forecasts.Peak to trough in the 90's ...
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Is everyone being too positive?
Apparently, slowing negative is now the new positive. Contraction is pass茅. The only problem is, that the evidence doesn't appear to suggest that.Just two examples, of many recently, spring to mind.The latest Key Purchasing Managers Index for construction from the Chartered Institute of Purchasing and Supply (CIPS) rose from 30.9 ...
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Budget 2009: initial thoughts
Budget day as ever was interesting and obviously, the devil is in the detail, especially when it is bad news. However, the Chancellor's speech and the Budget document provide us with some initial thoughts.The macro figures are as bad as expected and potentially worse; 拢175bn public borrowing in 2009/10 and ...
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