forecasts

CPA Autumn Forecast predicts slower growth next year
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The Construction Products Association (CPA) has released its Autumn 2025 construction forecast, which says total construction output is forecast to grow by 1.1% in 2025 and 2.8% in 2026 - a significant revision down from the 1.9% in 2025 and 3.7% in 2026 outlined in the previous forecast. Firms across the...
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timber industry outlook
‘Cautious optimism but challenges ahead, so seek out new opportunities’, says Noble
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Concluding the TDUK Global Market Conference, Professor Noble Francis from the Construction Products Association (CPA) gave delegates an update on the outlook for the UK construction sector, highlighting the challenges and opportunities that lie ahead, but suggesting there was room for cautious optimism for the coming years. The recent CPA...
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CPA Winter Forecast expects further output falls this year
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The Construction Products Association has issued its 2024 Winter Forecast, anticipating that construction output will continue to fall this year before recovering in 2025. TDUK reports. Construction activity continues to endure a challenging environment, with the sharp falls in private housing newbuild and repair, maintenance and improvement (RM&I) seen during...
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‘We’re working to get timber a bigger slice of the UK construction pie’
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Nick Boulton, Head of Technical and Trade Policy at TDUK, explored the UK softwood market at the recent Global Market Conference, giving his predictions on what lies ahead for 2024. "There has been turmoil and shock in the market, but UK softwood consumption is increasing and TDUK is working hard...
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timber industry
What lies ahead: the timber industry speaks out
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With an uncertain economic future ahead, we asked timber industry suppliers how they were preparing for the challenges of 2023. Here’s what they said. Paul Pennick, MKM Building Supplies  Encourage more engagement with timber Paul Pennick, Timber Product Manager, MKM Building Supplies, says: “Our focus as we move into 2023 is,...
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