Tender Price Indicators
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Q3 2019
Q3 2019
After a relatively strong start to the year, UK construction output has been on a general downward trajectory since February.
By Gavin Murgatroyd
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Q1 2019
Q1 2019
The current economic and political climate is proving to be a breeding-ground for indecisiveness and this will inevitably have an impact on new business confidence and order book volumes.
By Gavin Murgatroyd
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Q4 2018
Q4 2018
Construction output surprised many towards the end of 2018. In the year to November 2018 construction output (All Work) in the UK grew by 3.4% despite unparalleled levels of political uncertainty.
By Gavin Murgatroyd
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Q3 2018
Q3 2018
Some tender price inflation and forecast changes but our forecast for UK average tender price inflation remains unchanged.
By Gavin Murgatroyd
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Q2 2018
Q2 2018
As UK economic growth slows, the construction industry remains resilient albeit at reduced levels of growth.
By Gavin Murgatroyd
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Q1 2018
Q1 2018
Prospects for growth remain limited with the post-Brexit horizon still developing, making medium and long-term forecasting more difficult to formulate.
By Gavin Murgatroyd
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Q4 2017
Q4 2017
Forecast for construction demand continues to weaken as investment in buildings and infrastructure is paused or delayed.
By Gavin Murgatroyd
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Q2 2017
Q2 2017
Whilst timescales for Brexit become clear, details of the new market for 2019 and its impact on construction remain uncertain.
By Gavin Murgatroyd
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Q3 2017
Q3 2017
The pause in demand for new orders is starting to bite as uncertainty over UK economic growth remains.
By Gavin Murgatroyd