TTF Press Releases

CPA predicting double digit growth in construction

The Construction Products Association (CPA) is forecasting construction output to grow by 14% during 2021, in a tick of confidence for our industry.

In line with their previous forecasts, UK economic activity continues to recover in line with the CPA’s ‘W’-shaped forecast as social distancing restrictions have eased. Whilst in construction, activity recovered in line with the CPA’s ‘V’-shaped forecast as it remained largely unaffected by the second and third national lockdowns.

In terms of key drivers, infrastructure and private housing are expected to be the key drivers of recovery in 2021 – up 23.4% and 24% respectively, and strong growth projected into 2021. However, even with this growth the CPA is saying that construction output will not return to 2019 levels till next year due to concerns over the cost and availability of labour and imported products supply.

These are both areas we have discussed recently, with the shortage of Heavy Good Vehicles (HGV) drivers of particular concern. The report goes on to highlight that the number of EU construction workers in UK construction have fallen by 42% between 2017 Q4 and 2020 Q4.

Even before 2017, a looming labour crisis was being highlighted, but now with the affects of Brexit and the pandemic this issue is likely to become even more acute. This is clearly going to be a major issue for the Government to address.

Supply, demand and pricing we also recently analysed with the Confederation of Timber Industries and Swedish Wood in a market statement, which we trust you have found useful in addressing some of your customers concerns. The CPA is predicting a similar pattern as to when some of these tensions in the market may ease.

We encourage you to read the full Summer Forecast, which is available to TTF members on our website. Members are also able to attend tomorrow’s CPA webinar which will explore the forecast in greater detail.

Wishing you all a great week.

Articles

dRMM’s timber beacon shortlisted for COP26

The ‘Timber Beacon’ was selected by the British Government and is now awaiting confirmation of its awarded space to exhibit at the COP26 Glasgow site for the duration of the talks. This will form part of the global timber industry’s World of Wood. Please get in touch if you are interested in sponsorship.

The Timber Beacon was designed by award-winning architectural practice dRMM, led by founder and recognised as a leader in the innovation and promotion of engineered timber in the UK, Prof Alex de Rijke.


CPA Summer Forecast now online

Construction output is currently very buoyant and is forecast to rise by 13.7% in 2021 and 6.3% in 2022, according to the Construction Products Association’s latest Summer Forecast published today.

This positive outlook comes despite the dual constraints of shortages and sharp cost rises in both imported construction products and skilled labour over the next 12 months.

TTF members can access the CPA’s latest summer forecast on our website by clicking this hyperlink.


Job opportunity | Senior Analyst Buildings

The Climate Change Committee is seeking a high-performing policy analyst to work on buildings within the mitigation secretariat. Existing energy and climate expertise is advantageous but not necessary.

This is a fixed-term appointment, available as a secondment or a loan, aiming to start as soon as possible and run for an initial period of 12 months.


BRAC Golden Thread Report Published

The Building Regulations Advisory Committee (BRAC) golden thread working group has brought together a cross section of industry to support officials in developing golden thread policy.

This follow on from the recommendations of Dame Judith Hackitt, in her report, Building a safer future, to manage buildings as holistic systems, taking into account building safety at all stages in the lifecycle.


Timber pavilion built by Anglia Ruskin students features on AJ

Architects Journal has highlighted the recently constructed timber pavilion at Anglia Ruskin University, which is built in consultation with TTF’s Tabitha Binding as part of the University Engagement Programme.

‘The first years’ live pavilion brief at ARU enables students to learn by doing,’ she says. ‘Specifying correctly, ordering materials in time, understanding the sequence of a build, looking at durability and maintenance. It gives the students so much more knowledge than just working on paper.’


Olympic village in Tokyo built using timber

The Tokyo 2020 Olympic Games’ is being called the ‘greenest’ event yet, and as such has employed timber – including in the athletes village, which was built using 40,000 pieces of Japanese wood.

The 5,300 square-metre communal space was constructed from 40,000 pieces of sustainably Japanese cypress, cedar and larch, which were “borrowed” from local governments across the country.

Read more on Dezeen about the design of the village.


For more information, visit ttf.co.uk

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