Mood grows gloomier among construction industry forecasters
The mood among the construction industry forecasters appears to be getting gloomier. Rather than a quick dip back into recession, in the opinion of forecasters the construction industry looks to be facing a more protracted swim through recessionary waters before reaching firm ground and growth again. Experian downgraded its expectations for growth fairly markedly from its spring to summer forecast. And this follows the Construction Products Association shading down its forecast earlier this month. Both seem to be far less…