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Government spend set to boost output

INCREASED public spending during the next three years will offset a levelling-off in the private sector and allow construction output to grow by an average of 2.5 per cent until 2002.

Latest forecasts from the Construction Products Association take account of figures announced in the government's recent spending review.

The association predicts three years of steady growth with output set to rise by 2 per cent this year, 2.5 per cent next year and by 3 per cent in 2002.

But president of the association Roy Harrison warned: 'The additional funding will not be felt immediately as government spending only feeds through into output towards the end of the forecast.'