All Budget 2009 construction forecast articles

  • Comment

    Construction orders reveal industry’s pain

    2009-05-07T10:33:00Z

    The March figures for construction new orders were only marginally better than those seen in the previous two months and there are still little signs that point to any stabilisation in industry workload.Monthly new order figures can be volatile, so to assess the trend in work volume it is better ...

  • Comment

    Output figures signal more bad news

    2009-04-27T10:01:00Z

    The ONS released preliminary estimates of GDP for the first quarter of 2009 and it wasn't pretty. Estimates from macroeconomic forecasters had suggested that GDP would fall 1.5%-1.6% in Q1 compared to the previous quarter. In fact, it was 1.9%. Within the GDP fall in the first quarter, construction fell ...