Wednesday, 27 May 2020

Construction Output Expected To Plummet By 25% In 2020


Total construction output in the UK is anticipated to plummet by 25% during 2020, according to the Construction Products Association (CPA). The projected decline in construction output is one of three scenarios examined by the CPA. Even under the most optimistic of scenarios, the country’s construction activity would suffer its sharpest fall ever recorded. The temporary halt of construction work as a result of Covid-19 social distancing measures is the main source of the drop, with 60% of planned construction output lost in April due to the measures. Read more on the PBC Today website.

No comments: