The 11th Annual Forecasting for Construction conference – providing insight and debate into construction growth for 2012-16, kicks off next month. Ahead of the event, we look at key market trends that could have a big impact in the coming months.
Conference offers industry window on its future
Construction News is set to bring firms together with top industry forecasters at this year’s Forecasting for Construction event, Damon Schunmann reports.
Construction economics has perhaps never been harder to accurately predict than right now, and yet in the current tough and ultra-competitive environment, a realistic prediction of the future is more valuable than ever.
Analysing the current market shows that trends are clearly emerging. CN’s top 100 contractor guide, published three weeks ago and available online at cnplus.co.uk/cn100, offers a comprehensive overview as well as in-depth analysis of how these trends will affect the industry… read more: download this article.
“Well organised, excellent speakers with good content” - marketing manager, Durapipe UK
Retail sector opens up as growth stalls
Competition is rising as retailers rein in investment but the shift to smaller jobs is opening the sector to SME contractors, writes Chloe Stothart.
With household incomes under pressure, unemployment well above pre-recessionary levels and consumers paying back debt, it is not a promising time for retailers.
The British Retail Consortium reported UK retail sales were up just 0.1 per cent on a like-for-like basis in July 2012, compared with the same month a year earlier, and said retailers were struggling to improve their figures… read more: download this article.
“Excellent in depth analysis and understanding of the construction industry’s future prospects” - strategic planning manager, British Gypsum
Northern Ireland set to surge ahead in the UK
Devolved nation set to outpace rest of the UK thanks to strong infrastructure investment and softer landings in public non-residential work.
Last year Northern Ireland was the worst-performing area of the UK for construction, with an 11 per cent fall in output to £2.29 billion - the lowest level since 2000.
The contraction in activity in the province has been much more precipitous than the national average, as output declined by a third over a four-year period… read more, download this article.