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Strong Construction Demand but Supply Hit by Perfect Storm

The Construction Products Association (CPA) has revised construction output growth up for 2021 from 13.7% to 14.3% since its previous Forecasts, but also revised down growth for 2022 from 6.3% to 4.8% in 2022. With more buoyant demand so far in 2021, supply chain constraints are expected to hinder growth over the remainder of the year and into 2022.

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CPA Response to Spending Review 2020

The Construction Products Association’s Economics Director, Professor Noble Francis, has responded to Chancellor of the Exchequer Rishi Sunak’s announcement of the government’s ‘Spending Review 2020’ released today.

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