Latest report: Summer 2023
Forecasts for the construction industry suggest contraction this year, but a return to growth in 2024.
The architects’ market, the construction sector, and the wider economy are all coming under increased pressure from stubbornly high inflation and subsequent rises in interest rates, rate rises that make project financing more difficult for both domestic and commercial clients.
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.
