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The medium-term outlook

Series: Building ; 269(8339) 2 July 2004, 63-71(9)Publication details: 2004Subject(s): Summary: Examines the latest UK construction forecast produced by Experian Business Strategies. Notes that there has been a slowdown in growth from the high levels achieved in 2003 for the construction industry, according to first quarter figures for 2004. For the next two years the gap between construction growth and GDP is likely to narrow as the industry will grow by 3.4% this year before dropping to 2.7% in 2005 and rising to 3% in 2006. This growth level conceals an uneven picture for the various sectors; all public sector construction is likely to witness large increases in output fuelled by high government spending while commercial construction is still subdued by the quiet office market sector in London and southeast England. With summaries for output and orders including regional figures.
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Journal article London Journal article ABS67987 (Browse shelf(Opens below)) 1 Available 126927-1001

Examines the latest UK construction forecast produced by Experian Business Strategies. Notes that there has been a slowdown in growth from the high levels achieved in 2003 for the construction industry, according to first quarter figures for 2004. For the next two years the gap between construction growth and GDP is likely to narrow as the industry will grow by 3.4% this year before dropping to 2.7% in 2005 and rising to 3% in 2006. This growth level conceals an uneven picture for the various sectors; all public sector construction is likely to witness large increases in output fuelled by high government spending while commercial construction is still subdued by the quiet office market sector in London and southeast England. With summaries for output and orders including regional figures.