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The Competitive Advantage Newsletter: Construction Expectations for 2010

From this month's Competitive Advantage newsletter:

Construction Expectations for 2010
The latest forecast from the CPA shows that expectations have changed since they published their last forecast in October 2009. Then they were expecting a fall in construction output in 2009 of 15%, this has now been revised to a 12% fall. However they now expect construction output to fall 3% in 2010 which is worse than they expected last October.

On the positive side, housing output in 2010 is expected to rise by 15% and there is an expectation of consistent growth in infrastructure. The Chartered Institute of Purchasing and Supply also report that purchasing managers are confident that 2010 will be a much better year for the construction sector.

Housing Construction
The Homes and Communities Agency reports that 73 local councils in England will have access to over £230m of funding under Round 2 of its Local Authority New Build Programme. They say this will see over 1,900 new council homes built, many of which will be larger family-sized homes.

If you are interested in the Housing Sector why not book a place on CIMCIG's half day seminar How to Penetrate the Housing Sector. Being held on 10th February and chaired by Ben Roskrow of Housebuilder Publications. Speakers include John Stewart HBF's Economist, Neil Jefferson Chief Executive Zero Carbon Hub, Julie Adkin Managing Director of Focal Research and Russell Pedley Associate at Assael Architecture.

In this issue:

  • Construction Expectations for 2010
  • Housing Construction
  • Sustainability
  • Specification Selling

To read more, sign-up for the Competitive Advantage newsletter.

Posted by Chris Ashworth on 15/01/10

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