Latest report: Winter 2023
Forecasts for the construction industry suggest there has been a contraction this year, but that modest growth is set to return in 2024 and 2025.
The Housing Sector has been performing poorly, as raised interest rates and reduced mortgage affordability have eroded the market. This continues to adversely affect architects, especially those in smaller practices.
About the RIBA economic reports
This economic report brings together information from a range of primary sources. It aims to help practices place their work within the wider economic context.
The RIBA economic report provides summarised information about the current and future:
- UK economy
- construction output
- architectural workload
Download the report below.
