Construction Foresight

The Foresight regional construction forecasts are published twice yearly for all twelve UK regions.

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Foresight factsheet

Foresight factsheet

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Foresight complements Construction Forecasts and ensures that you make the best use of your resources across geographical areas and sectors.

Every Foresight report contains a short macroeconomic summary forecast that is made for each government office region, followed by commentary and analysis of the forecasts made for construction and the assumptions underlying them.

Forecasts of construction new output in current prices are made in each region for public housing, private housing, infrastructure, public non-residential building, private industrial building, private commercial building repair and maintenance

They can be purchased either as one-off reports or in various combinations as an annual subscription.

"All English regions are likely to see good growth in private housing output, boosted by the Help to Buy scheme, which has seen 5,000 new build homes bought in the first six months of the equity loan part of the scheme and 2,000 applications in the first month of the mortgage guarantee part.

The South East in particular tends to benefit from strong housing market growth as the private housing sector accounts for 18% of total construction output there, compared with a UK average of 14%."

"The West Midlands continues to suffer from a dearth of major projects, although at least the prospects for the next two years are for growth, rather than the decline predicted in the previous edition of the report."

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