Construction Industry Forecast - Spring 2023
02 May 2023
The latest CPA Construction Industry Forecasts for Spring 2023 indicate construction output is set to fall from a record-high level and contract by 6.4% in 2023. This has been driven primarily by sharp falls in the two largest construction sectors – private new housing and private housing repair, maintenance & improvement (rm&i) – together with recent government announcements of delays to major infrastructure projects.
