Construction to avoid hard landing recession

Leading cost consultant Arcadis is warning that the current market cycle has reached its peak as unprecedented energy price rises make their impact felt.
But the firm predicts the looming slowdown will not be a ‘blow-out’ like the 2008-2012 crash.
The industry instead is likely to experience a prolonged but shallow downturn rather than a hard landing in the face of present economic headwinds as the demand-side proves more resilient than the past.
In its Autumn market and tender forec