Three year outlook for construction worse than feared

摘要

The outlook for the construction sector over the next three years is gloomier than previously thought, according to exclusive analysis by Hewes and Associates. The construction data services firm has forecast that after growing by 6.4% in 2010, output in the sector is likely to fall by 3.4% this year, 8% in 2012 and a further 1.8% in 2013. This compares with earlier research by the firm predicting a 3.5% fall in 2011, 5% in 2012 and 1.3% in 2013.