Brickonomics

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• Growing evidence of double dip collapse for construction

  The latest round of trade survey data points to an ugly acceleration in the rate of collapse of workloads. Persistent sightings of green shoots over the late spring and summer now look to have been little more than a mirage. Read More... Posted Nov 03 2009, 11:21 AM by Brickonomics Filed under: Construction Products Association, construction output, CIPS, construction orders, Experian, NSCC, inquiries, BCIS, tender prices, double dip

• Forecasts suggest some rays of hope, but huge uncertainty remains

  For those with an optimistic nature there was some good news to be seen in the latest set of industry forecasts with both the Construction Products Association and Hewes trimming how much they feel output in the industry will fall. Indeed the three forecasts... Posted Oct 16 2009, 01:35 PM by Brickonomics Filed under: Construction Products Association, unemployment, house building, forecasts, Hewes & Associates, Experian, public spending, commercial building

• Output figures show continued fall in cash flowing into construction

  At first sight the latest construction output figures provide some relief. The fall in output in the second quarter of the year estimated to be just 0.5% and there was a slight rise in the output of new work measured in constant prices. But then it is... Posted Sep 04 2009, 05:33 PM by Brickonomics Filed under: RICS, Construction Products Association, construction industry, construction output, public spending

• Construction trade survey confirms worsening slump

  The latest trade survey covering both the contracting and materials sectors underlines both the depth and the rate of decline in the construction sector with pessimism rampant across all sectors. As in all surveys there are glimmers of light and hope... Posted Aug 10 2009, 11:23 AM by Brickonomics Filed under: Construction Products Association, construction orders, surveys, material prices, labour costs, tender prices

• Contractors face a £24 billion drop in new work

  UK contractors should prepare themselves for a £24 billion drop in the annual cash value of new work coming through as the recession reaches its expected bottom in 2011. Shrinking volumes and plunging prices threaten to drag the cash spent on buying new... Posted Jul 30 2009, 11:33 PM by Brickonomics Filed under: Construction Products Association, construction industry, construction output, recession, Dutch auctions, BCIS, suicidal bidding

• Another one for the file marked "Gloom": What do you mean you haven't got one yet?

  Many thanks to Mel Budd of Leading Edge who sent me the consultancy's latest forecast. For simplicity's sake I have put the base figures for output in a graph with the other industry forecasts. What is striking is the growing consensus that things... Posted Jul 30 2009, 12:21 PM by Brickonomics Filed under: Construction Products Association, forecasts, Hewes & Associates, Experian, Leading Edge

• It's worse in construction than we thought say forecasters

  The latest forecasts to emerge in the current round all see the future prospects for construction as far gloomier than was expected when the number crunchers examined the figures three months or so ago. Experian now expects a 12% decline this year compared... Posted Jul 13 2009, 05:53 PM by Brickonomics Filed under: Construction Products Association, construction output, commercial sector, forecasts, Hewes & Associates, Experian, construction, public spending, private housing, private housing RMI

• Recession may cost 800,000 construction jobs - that's one in three

  The latest forecast from the Construction Products Association puts the annual peak to trough fall in construction at a shade above 20%. That probably translates to a 22% to 23% fall peak to trough on a quarterly basis, which compares with the 15% seen... Posted Jul 06 2009, 12:16 PM by Brickonomics Filed under: Construction Products Association, construction output, job losses, construction workforce, forecasts, construction

• If it's growth you want, start looking again at house building

  I received a bit of a teasing prod this morning from my good friend the editor of CJ, Aaron Morby, when he rang me up to quiz me on house building targets. "Don't you think we are seeing a recovery in house building?" Which he followed with... Posted May 13 2009, 06:21 PM by Brickonomics Filed under: house prices, Construction Products Association, construction output, house building, recession, Bank of England, Home Builders Federation, recovery, SED, stock cycle, destocking

• Recessionary pain spreads, says latest construction trade survey

  The latest state of construction trade survey figures compiled and analysed by the Construction Products Association is interesting as it provides a clear picture of an industry drifting deeper into recession. We seem to be, just from a cursory look at... Posted May 06 2009, 09:59 AM by Brickonomics Filed under: Construction Products Association, recession, surveys, Latham, Egan

• Experian revises down its forecast for construction output

  Industry forecasters at Experian followed their rivals and cut expectations of construction activity over the coming three years. The predicted decline in output in 2009 is now put at 7.8% followed by a slight drop of 1.7% in 2010 and a bounce back up... Posted Apr 09 2009, 04:02 PM by Brickonomics Filed under: Construction Products Association, commercial sector, recession, infrastructure, risk, forecasts, Hewes & Associates, Experian

• We're in the worst recession on record, says Construction Products Association

  The spring round of forecasting has brought more gloom with the Construction Products Association taking an even dimmer view of industry prospects than in the winter. On the basis of the current data available the materials producers' body predicts... Posted Apr 03 2009, 10:09 PM by Brickonomics Filed under: Construction Products Association, construction output, commercial sector, construction orders, forecasts, Hewes & Associates, RMI sector, public housing

• Are the leaders of the contracting industry fit for purpose?

  My attention was drawn to a letter sent yesterday by the Construction Products Association's chairman Adrian Barden to the Secretary of State for Business, Enterprise and Regulatory Reform regarding the current plight of the construction industry... Posted Mar 07 2009, 08:42 AM by Brickonomics Filed under: Construction Products Association, OFT, bid rigging, government spending, Information Commissioner's Office, construction industry, Economic League, construction firms, construction output, lobbying, Michael Heseltine, main contractors