2021 construction output suspected to be 6.4% lower than pre-Covid growth rates

PBC Today | August 05, 2020

Despite the government putting industry at the centre of its recovery plans, the full impact of Covid-19 is expected to spell uncertainty for the construction industry. According to the Construction Products Association’s (CPA) latest forecasting, changes to the UK economy brought on by the Covid-19 pandemic, and uncertainty around consumer confidence and unemployment rates, could prove significant to construction industry activity returning to pre-Covid growth rates. Although activity on-site returned quicker than initially expected post-lockdown, the CPA Summer Scenarios still anticipates construction output in 2020 to fall by 20.6%. The worst affected sectors include private housing (-33%) and commercial (-29%). The report suggests that returns to construction sites from mid-May were largely to drive completions on existing projects and refurbishments that couldn’t take place during the restrictions. However, uncertainty remains around long-term demand and future orders given the state of the wider economy.

Spotlight

Aero engine design is a complex process involving multiple disciplines, which collaborate iteratively to achieve an optimized design. This involves exchange of data (geometry, process files, CAE data and engineering significant parameters) at component, subsystem and system levels. The building blocks of this process have usually been in the form of in-house developed software.

Spotlight

Aero engine design is a complex process involving multiple disciplines, which collaborate iteratively to achieve an optimized design. This involves exchange of data (geometry, process files, CAE data and engineering significant parameters) at component, subsystem and system levels. The building blocks of this process have usually been in the form of in-house developed software.

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Granite | November 22, 2022

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TPM Achieves Autodesk Elite Construction Partner Status

Autodesk | December 09, 2022

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BG Consulting Engineers | December 07, 2022

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