The CITB Construction Skills Network (CSN) 2023-27 forecast which provides market intelligence and insights for the industry, has now been published. The data it produces highlights trends and shows how the industry will change year on year, allowing governments and businesses to understand the current climate and plan for the future.
Some key facts from the UK report:
- 224,900 extra workers (44,980 a year) will be needed to meet UK construction demand between now and 2027
- Construction output is set to grow for all nations and regions, however, recession is expected in 2023 with slow growth returning in 2024
- The major sectors for demand are:
– private housing
– infrastructure
– repair and maintenance - If projected growth is met, by 2027 the number of people working in construction would be 2.67m