Market Data from the CPA

CPA Industry Forecast – Winter 2025

Forecasts for UK construction output growth have been revised down in the Construction Products Association’s Winter forecasts, published today. According to the latest forecasts, overall construction output is expected to rise by just 1.7% in 2026, a significant downgrade from the 2.8% growth forecast in October.

Firms operating across the construction supply chain have all reported that the slowdown in activity in key sectors has persisted since Spring. Weak fundamentals and geopolitical developments are expected to keep decision-makers risk-averse and lengthen the period of uncertainty that is holding back output growth in the private housing, private housing repairs, maintenance and improvement (rm&i) and commercial sectors. In addition, as in 2025, there remains a vast array of risks that could have a major impact on near-term forecasts for each construction sector and sub-sector.