Construction Industry Forecast Spring 2014
Fuelled by a significant rise in private housing starts, construction output is forecast to rise by 4.5% in 2014 and a further 4.8% in 2015 as the industry recovery - which began in 2013 - starts to take hold.
Private housing starts in GB rose 20.9% in 2013 due to a combination of wider economic growth and government policies such as Help to Buy part one, according to the latest figures from the Construction Products Association.
Private housing starts in 2014 and 2015 are expected to rise 18.0% and 10.0% respectively with further growth of 5.0% per year in 2016 and 2017. To the end of February, there have been 16,465 sales in England under Help to Buy part one in less than one year. Of these sales, 6.9% have been within Greater London, where the greatest demand currently is. Help to Buy part one has acted as a signal that government is attempting to enable greater demand for buyers of new build, which in turn has led to house builders raising supply in the near-term.
The spring 2014 edition of the Construction Products Association (CPA) construction industry forecasts predict and provide details of the expected market trends for the UK construction industry in the forthcoming years.
This document contains a fully comprehensive list of all the most up to date Wood Information Sheets (WIS) published by TRADA. Available to members for free or non-members for £12.00, these Wood Information Sheets provide technical guidance related to almost every timber topic under the sun.
- Timber -...
Although there is an increasing interest and application in using adhesive-bonded connections for new buildings, the main demand for this technology in the UK has been for repairs to structural timbers. The original concept was aimed at repairing historic structures. However, the technology is increasingly being used for repairing modern...
Adhesives are widely used in non-structural applications such as furniture manufacture and joinery. They are also used in the manufacture of panel products such as plywood, particleboard, fibreboard and oriented strandboard (OSB), of which some grades are used structurally.
Glulam and structural timber composites such as cross laminated...