Latest report: Spring 2025
The outlook in the first three months of 2025 showed promising improvement, including steady (but unspectacular) UK growth, falling interest rates, controlled inflation, improving performance in the construction sector, and growing confidence among architects.
However, the introduction of tariffs on a wide range of goods for those exporting to the US overshadows this quarter’s report. Although much remains uncertain, the UK and global economies are likely to be adversely affected.
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.
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