United Kingdom Construction Output  Forecast 2016-2020

Construction Output in the United Kingdom is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in the United Kingdom to stand at 1.70 in 12 months time. In the long-term, the United Kingdom Construction Output is projected to trend around 1.80 percent in 2020, according to our econometric models.

United Kingdom Construction Output
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Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
Construction Output -0.6 2.1 2.3 2 1.7 1.8 percent
United Kingdom Construction Output Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United Kingdom Construction Output using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - United Kingdom Construction Output - was last predicted on Wednesday, June 28, 2017.
United Kingdom Housing Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Housing Starts 45340 42450 40520 36210 41050 44750
Construction Output -0.6 2.1 2.3 2 1.7 1.8
Housing Index 714 722 732 742 751 890
Mortgage Approvals 64.65 64.6 65.1 67.2 68.6 97.6
Mortgage Applications 40347 40500 41500 42900 43300 52600
Construction Orders 3.7 1.5 2.4 1 1.6 1
Construction Pmi 56 55.7 54.8 52.5 53.6 52.4
Home Ownership Rate 63.5 63 63 63 63.1 61.5