There was a consensus that construction was “over the hump”, having seen the bulk of any disruption from material pressure and covid-disruption (albeit with some real, lingering labour pressures), but with clouds gathering on the horizon, such as the energy crisis and its impact on growth, it looks as if there may be a perfect storm of upward and downward pressures in both the supply of and demand for construction.
A very real concern is that these clouds could limit the country’s ability to achieve net zero carbon targets. We hope that the Autumn Budget at the end of the month will help support the industry and these targets.
300 editions : A lookback
To follow on from our 300th edition last Monday, we have issued the first in a series of posts looking back at the highs, lows, and key themes we’ve tracked through the Economic Week in Review’s six-year history.
You can find it here.