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Housing Today
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CPA slashes construction output forecast amid Brexit fears
Housing market shows signs of “vulnerability” while Brexit and review into HS2 add to industry jitters
Brexit and worries about whether key infrastructure schemes such as HS2 will end up being canned have seen the Construction Products Association (CPA) downgrade its growth forecasts for next year and 2021.
In its autumn predictions, the CPA said it had cut its growth forecasts for 2020 and 2021 from its summer prediction of 1.0% and 1.4% to 0.5% and 0.9% respectively.
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