Forecasters now warn construction recession to last to 2025

Forecasters have downgraded the expected construction recovery next year warning the industry is now set to remain in recession until the start of 2025.
High interest rate will continue to drag down housing activity with infrastructure and even industrial activity expected to slide in 2024.
The scale of next year’s contraction will be far less than this year’s expected 6.8% fall.According to the influential Construction Products Aassociation’s new Autumn forecast, contractors c