Excluding issues due to the potential impacts of U.S. tariffs on the global and UK economies (see the CPA Economic and Construction Impacts of U.S. Tariffs document), construction output is still expected to rise in 2025 and 2026, although weaker UK growth prospects and a slow start to construction activity in 2025 point towards more subdued rates of construction growth than in previous publications. A gradual recovery in private housing new build and an even slower recovery in private housing rm&i are still expected to be supplemented by more certain growth in most other construction sectors.
A link to our press release can be found here: https://www.constructionproducts.org.uk/news-media-events/news/2025/april/press-release-cpa-publish-releases-spring-forecasts-2025/