United Kingdom Construction Output  Forecast 2016-2020

Construction Output in the United Kingdom is expected to be 2.30 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 1.20 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 Q3/17 Q4/17 Q1/18 Q2/18 2020 Unit
Construction Output -0.3 2.3 2 1.7 1.2 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 Tuesday, July 25, 2017.

United Kingdom Housing Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Housing Starts 45340 40520 36210 41050 43110 44750
Construction Output -0.3 2.3 2 1.7 1.2 1.8
Housing Index 707 732 742 751 763 890
Mortgage Approvals 65.2 65.1 67.2 68.6 69.4 97.6
Mortgage Applications 40347 41500 42900 43300 44600 52600
Construction Orders 3.7 2.4 1 1.6 1.9 1
Construction Pmi 54.8 54.8 52.5 53.6 53.7 52.4
Home Ownership Rate 63.5 63 63 63.1 63.1 61.5