Materials and labour shortages now ‘key constraint’ on growth, CPA warns

By Tom Lowe2021-07-26T08:45:00

Source: Foryoui3/shutterstock.com

But construction output is still bouyant with 13.7% rise predicted this year

Construction output is buoyant despite material and labour shortages now being the main constraint on growth, according to the latest forecast from the Construction Product Association (CPA).

Sharp cost increases for products and skilled labour are expected to persist for the next 12 months and are unlikely to improve significantly in the next six months, the CPA’s summer forecast said.

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