Construction faces deeper 2026 fall and weaker recovery

Economists are warning construction is heading for a deeper fall this year than previously expected with next year’s hoped-for recovery also now cut to a crawl.
The Construction Products Association now expects output to fall 4% in 2026, against the 3.3% drop forecast in the summer.
It has also slashed its 2027 growth forecast by two-thirds to a feeble 0.4% recovery, with house building and home improvement work both suffering another year of decline.Renewed Middle East conflict and rising oil