What is the Latest Construction Industry Outlook?

The construction industry helps us to enjoy everyday life. It helps to create the infrastructure needed for us to live, work, and travel. It is a dominant force on a global scale.

It encompasses everything from commercial and residential building construction, through to vast infrastructure projects. Project management, engineering, and planning; are all specialties that fall under the umbrella of construction.

Construction Industry Outlook

Construction industry forecasts are predicted and published every 5 years. These are carried out by BCIS and cover everything from housing, infrastructure, private commercial, and private industrial work.

The current forecast predicts an increase in building costs, by up to 15% over the next 5 years. Tender prices are expected to rise by 17%. It is predicted that new work output will grow by 16% in the same 5-year period.

Growth is expected to strengthen from 2026 onwards, as progression of delayed projects occurs, and activities across housing and infrastructure recover.

Builders Merchants

Builders merchants are critical in the construction supply chain. They are the intermediary between the manufacturing and construction industries. As well as supplying materials and products, they can also provide specialist advice, as well as assist members of the general public.

If you are interested in a career within the sector, a host of builders merchants vacancies are displayed via specialist agencies such as bmcareers.com/distributors-and-builders-merchants-vacancies.

With the continued growth of the construction industry, there are a wide variety of builders merchants vacancies available. This includes everything from administration and clerical roles, to product support and managerial opportunities.

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Heather Balawender

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