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27Jan94 UK: GLOOMY YEARS AHEAD - CONSTRUCTION.

Top forecasters are painting a gloomy picture for construction over the next two years, predicting that new workloads are set to stay at their present low levels.Predictions of the Joint Forecasting Committee for the construction industry, published by CFR, will dampen the current wave of enthusiasm about future prospects.It predicts growth in construction output of just 1 per cent in 1994 and 1995.Cuts in public expenditure and delays to major projects are the main reasons for the downbeat projections.And the forecasters believe the housing and commercial sectors 'might not bounce back to the extent normally anticipated in an upturn'.Repair and maintenance work should fare better than new work, they added. CONSTRUCTION NEWS