All Budget 2009 construction forecast articles
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Comment
Construction orders reveal industry鈥檚 pain
The March figures for construction new orders were only marginally better than those seen in the previous two months and there are still little signs that point to any stabilisation in industry workload.Monthly new order figures can be volatile, so to assess the trend in work volume it is better ...
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Comment
Output figures signal more bad news
The ONS released preliminary estimates of GDP for the first quarter of 2009 and it wasn't pretty. Estimates from macroeconomic forecasters had suggested that GDP would fall 1.5%-1.6% in Q1 compared to the previous quarter. In fact, it was 1.9%. Within the GDP fall in the first quarter, construction fell ...