Daily Archives: 24/04/2014

CPA forecasts 18% growth by 2017

The Construction Products Association’s (CPA) latest forecasts predict activity in the construction sector will grow 18% by 2017.

The CPA’s latest Forecasts highlight that the industry recovery is becoming stronger and broader, with activity being driven by rapid increases in private housebuilding, together with growth in the infrastructure and commercial sectors.

The forecast believes construction output will rise by 4.5% this year and by a further 4.8% in 2015, while private housing starts are set to rise 18% in 2014 and 10% in 2015.