CPA Construction Industry Forecast Winter 2026

CPA Construction Industry Forecast Winter 2026

Date Published

26 January 2026

Document Type

Category

Author

Liam Macandrew

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Summary

Construction activity in early 2026 finds itself in a similar position to how it ended 2025, with subdued activity in some major construction sectors offset by growth in key niche areas. Last year was challenging for many firms across the construction supply chain, and this year is likely to be equally challenging.

In addition, as in 2025, there remains a vast array of uncertainties and risks in construction that could have a major impact on near-term forecasts for each construction sector and sub-sector. Overall, construction output is forecast to rise by only 1.7% in 2026, primarily driven by new work.

Key Information
  • Construction output rises by 1.7% in 2026
  • Private housing output rises by 1.5% in 2026
  • Private housing repair, maintenance and improvement to fall by 1.0% in 2026
  • Infrastructure output to rise by 3.9% in 2026
  • Industrial output to rise by 0.9% in 2026