BCIS FM forecast expects a ‘substantial fall’ in repair and maintenance output

According to the latest quarterly forecast for the FM sector from the Building Cost Information Service (BCIS), repair and maintenance output is expected to fall substantially in 2024, by 5.6 per cent compared with 2023.
In 2025, the forecast cites output will “remain static” and then will “slowly and gradually increase again,” with annual growth expected to be 1.4 per cent in 2028.
BCIS Chief Data Officer Karl Horton said: “While the economy was fragile and un