The latest forecast from the Construction Products Association suggests the drop in future workload will not be as large as the forecasters had previously thought

The latest forecast from the Construction Products Association suggests that the drop in future workload will not be as large as the forecasters had previously thought.

The graph below compares the past three Construction Products Association forecasts.

It clearly shows that with each progressive quarterly forecast the expected hole in construction workload has shrunk.

Fantastic news you might think. Well think again.

Postscript

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