Brickonomics

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• 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

• Forecasters call the bottom of the house price slump

  The increasing stretch of stable house prices is leading forecasters to call the bottom of the slump. The Nationwide late last month tentatively said it may be time to think the unthinkable that house prices may exit 2009 higher than they entered it.... Posted Aug 08 2009, 05:45 PM by Brickonomics Filed under: mortgages, house prices, RICS, unemployment, Nationwide, forecasts, CEBR, uncertainty

• 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

• Five reasons why we might be facing the mother of all construction recessions

  It's coming around to the construction forecasting season again and the industry prognosticators will be gathering to discuss the ups and downs of the industry. If I were you, I'd be bracing myself for some pretty savage revisions to what already... Posted Jun 16 2009, 03:50 PM by Brickonomics Filed under: construction industry, construction output, commercial sector, house building, recession, infrastructure, forecasts, pessimism, public spending, 1990s, civils

• 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

• 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

• Annual construction output forecast to fall £23.5 billion over next two years

  The first of the spring forecasts for construction has winged its way into my inbox. It is the Hewes & Associates' forecast. Hewes expects on the basis of current data that levels of construction output will fall back to those last seen in 1996... Posted Apr 03 2009, 06:16 PM by Brickonomics Filed under: government spending, construction industry, construction output, commercial sector, house building, forecasts, Hewes & Associates, RMI sector

• Contractors optimistic despite being trapped in mire of recession - says CIPS

  The buyers' body CIPS remained muted about the prospects for construction despite a slight lift in the construction industry. The main construction index published by CIPS rose to 30.9 for March up from a series low of 27.8 in February. That means... Posted Apr 02 2009, 12:38 PM by Brickonomics Filed under: construction industry, CIPS, green shoots, optimism, forecasts