UK Construction Forecast 2018 – 2020

UK Construction Forecast 2018 – 2020

Sectors Included in the Construction Market Forecast

The report provides construction output actual and forecast figures for 2008 – 2020 by sector in constant 2015 prices as well as tables and graphs illustrating longer term trends and key changes. The following 9 sectors are covered:

  • Housing – public
  • Housing – private
  • Infrastructure (eg transport, utilities)
  • Public (eg education, health)
  • Industrial (eg warehouses, manufacturing)
  • Commercial (eg offices, retail, leisure)
  • Repair & Maintenance housing – public
  • Repair & Maintenance housing – private
  • Repair & Maintenance – non housing sector.
We also include the key forecasts for the UK economy sourced from HM Treasury. This includes GDP, inflation, unemployment and Public Sector Net Borrowing – all inputs to our construction forecast.

Contents of Construction Industry Forecast
The following tables are included in the report:
Total construction output by sector 2011 – 2020
Growth by industry sector up to 2020
Housing starts, completions and transactions – actual and forecast: 2006 to 2020
Total construction output long term trend
% forecast split of construction output by sector 2018
% share of construction output by region 2017
UK Economic forecast
Graph for each individual construction sector showing actual and forecast output 2008 – 2020
Brief note on forecast performance for each sector
Explanation of what construction activity is included in each sector
Forecasting Methodology and Report
Our construction output forecast is produced using a series of causal forecasting models, time series analysis and qualitative research of key indicators, opinions and surveys in the construction and building products industry. The historical construction output data is provided by the Office of National Statistics (data release 9 February 2018).
We have been producing forecasts for the construction industry for over 25 years and they are used by a wide range of companies to help in their planning and budgeting

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