Thursday, 9 December 2010

propertytalk Live! - Construction recovery stalled until 2013

propertytalk Live! - Construction recovery stalled until 2013

The recovery in construction output experienced by the industry during much of 2010 will stall in 2011.

Industry output is expected to decline by 2% in 2011 compared with 2010, with a further fall anticipated in 2012. Further growth in output is not now expected until 2013.

This is according to latest forecasts from the Construction Products Association.

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