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5 reasons why we might be facing the mother of all construction recessions

5 reasons why we might be facing the mother of all construction recessions

It’s coming around to the construction forecasting season again and the industry prognosticators will be gathering to discuss the ups and downs of the industry. If I were you, I’d be bracing myself for some pretty savage revisions to what already look like pretty savage forecasts. Peak to trough in the 90’s recession we saw a drop in volume terms of 14% in workload. In the 1980s recession it was 16% and in the 1970s it was 20%, according to…

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