Brickonomics

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• Seven years of construction growth wiped out say GDP figures

  The latest GDP figures showed a marked slowdown in the rate of collapse of the economy. But the drop of 0.8% was significantly more than economists were expecting, if the mood judged by Reuters gives a fair assessment. The median of its poll of economist... Posted Jul 24 2009, 11:22 AM by Brickonomics Filed under: construction industry, construction output, economy, GDP, construction

• 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

• Construction shrinks at the fast rate ever recorded

  It was with genuine shock that I looked at the latest output figures . I was busy finishing something off when Nobel Francis of the Construction Products Association called to ask if I'd seen the figures. I thought he was pulling my chain when he... Posted Jun 05 2009, 11:53 AM by Brickonomics Filed under: construction industry, construction output, recession, GDP, construction, forecast, destocking, record books

• A glimpse of the future as 56% of surveyors see workload fall

  Construction workload is expected to continue to collapse at a rapid pace according to the latest industry survey by the surveyors' body RICS . Surveyors experienced declines in workload across all regions and all sectors illustrating the broad spread... Posted May 27 2009, 10:18 AM by Brickonomics Filed under: RICS, construction output, house building, profit margins, infrastructure, employment, construction workforce, survivor bias, surveys, construction

• Chancellor provides optimism in the gloom...and that's what's worrying

  The direct measures aimed at construction-related activities and businesses in the 2009 Budget will be welcomed in some quarters, mainly among the house builders. Though I am not so sure I would go with the instant view from the surveyors' body RICS... Posted Apr 22 2009, 03:41 PM by Brickonomics Filed under: RICS, housing market, construction industry, risk, Alistair Darling, economy, forecasts, Item Club, construction, Budget