As construction industry activity has recovered from the financial crisis, the construction industry is also expected to show strong growth.
While the industry has already been on a recovery path, it is not expected to remain so for very long.
However, the outlook is not as rosy for the sector as some other sectors.
For example, while the number of new construction projects in the UK has been on the rise for several years now, it has yet to pick up steam.
In fact, the number fell in the last 12 months, while it is now back on track to rise.
This has been accompanied by an increase in the number and quality of projects being completed.
It is worth noting that this is likely to be driven by an oversupply of labour.
In the UK, new construction is expected to account for between 12% and 16% of the construction sector.
While this may seem a little high, it would represent a real reduction from the pre-recession peak of between 19% and 22%.
If that trend continues, the industry is set to grow significantly in the coming years.
The outlook for the construction trade is not all rosy.
The sector is also facing difficulties in terms of supply.
The average annual capacity utilisation rate in the industry, which is an indicator of the quality of the supply chain, fell by 8% in the year to March 2017.
While a large portion of this decrease could be attributed to the downturn in the global financial market, the decline is also a sign that there is not a large enough supply of materials to meet demand.
It also means that demand for materials is likely still not high enough to support the growing demand for building materials.
Furthermore, demand for equipment for building construction has also fallen.
It has been reported that the UK industry had a capacity shortfall of around 10% of its current capacity by the end of 2019.
While that may sound like a lot, it represents around half of the UK’s total capacity.
Given the challenges that the sector faces, there is still a lot of scope for the industry to improve its performance over the next few years.
As a result, it may be that the construction equipment trade in the future will benefit from a combination of measures such as new legislation, new building construction regulation, and the introduction of more efficient processes for the supply of components for building industry.