Industrial Market Research Reports by

MBD MARKET RESEARCH REPORTS

Press Release: UK Construction Market Development Report

Released: September 2011
Published by Market & Customer Insight (MCi)

After researching the UK construction market development and taking into account various other factors the following conclusions can be drawn from MBD's report:

Market Review 2007-2011:

In 2010, total construction output (including new work and repair & maintenance) recovered by just 3% following the 16% decline in 2009. The indications for the current year are for a similar level of growth again.

New work output declined by 21% in 2009, which was only partially offset by 8% nominal growth in 2010. That growth is slowing in the current year to just 4%.

Repair & maintenance activity fell by a more modest 7% in 2009 but a further 3% decline was evident in 2010 and there is only marginal growth being achieved in 2011.

Market Forecast 2012-2016:

Total construction output growth (including new work and repair & maintenance) in Great Britain is expected to remain relatively poor throughout the review period, but the expectation is that overall development will continue to exaggerate the very poor GDP outlook, though in the very short term MCi anticipate an under performance as a consequence of the public expenditure cutbacks.

Note to Editors:

MBD specialises in business to business market research. The range of reports and industries in which we operate in is constantly expanding (our portfolio comprises of more that 140 titles). All our reports are written by in-house market consultants.

Click here for full details of the UK Construction Market Research Report

MBD Welcomes Press Enquiries:

Press releases on the latest MBD market research reports can be sent to editors and journalists involved in trade magazines. Please email your request, along with the magazine title you are writing for, to pressoffice@mbdltd.co.uk.