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Experian shades up its construction forecast as public investment holds up better than expected

Experian shades up its construction forecast as public investment holds up better than expected

I was wrong. Not all the construction forecasts are being revised down this time around. Experian has slightly lifted its expectations for construction growth for this year and next compared with its summer forecast. In the summer it was looking at a fall of 2.6% and 3.5% for this year and next, those expectations are now smaller falls of 2.1% and 3.3%. This is despite a lower forecast for GDP growth. Experian had revised its summer forecast quite a bit. And…

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