Friday, 16 December 2016

UK Construction Market Update - November

Glenigan have published their 2017 Construction Industry Forecast, which shows that expectations for 2017 construction activity has softened during 2016. This is due to economic and political uncertainties. The 2016 JLL and Glenigan UK Commercial Construction Activity Index highlights that construction activity fell sharply following the referendum, yet some sectors remain resilient, particularly hotels and healthcare. CPA has publish a Regional Construction Hotspots Report looking at hotspots of construction activity at a regional and sub-regional level.

This mixed picture is reflected in overall construction figures, with some highlighting a negative impact from Brexit and others showing a more positive outlook.