Latest report: Summer 2024
Assessments of the construction industry are improving. While 2024 may remain challenging for many, new starts are set to pick up this year, with a recovery gathering pace in 2025 and 2026. In 2025, housing is set to be the fastest-growing sector for new starts. Construction output is expected to grow from next year onward.
Interest rates have stabilised. Inflation is falling, and the Bank of England has made its first interest rate reduction.
About the °ÄÃÅÍõÖÐÍõ economic reports
This economic report brings together information from a range of primary sources. It aims to help practices place their work within the wider economic context.
The °ÄÃÅÍõÖÐÍõ economic report provides summarised information about the current and future:
- UK economy
- construction output
- architectural workload
Download the report below.