“With only a couple of months left in a difficult year for construction and looking forward to 2024, the evidence suggests it will still be a while before the clouds begin to lift. Both new build housing and rm&i have taken a significant hit from rising interest rates, falling real wages and weak economic growth and demand is expected to remain subdued for house purchases and improvements.”
CPA Head of Construction Research, Rebecca Larkin
FIS members can download their copy of the Forecast here.
FIS has access to a wide range of market data from sources including the CPA and Barbour ABI. In addition, FIS produces a state of trade survey specifically for the finishes and interiors sector.