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COMMENT: July 2008.
With projects on hold across the country, and share prices in Barratt and others looking less than healthy, it could be argued that now is not the time to be in house building or brick making. But should we heed the economic doom-mongers, or is there cause for hope amid the hardship?
Some, like Adrian Barden of the Construction Products Association, see the current downturn as a `blip' and warn of the dangers of talking ourselves into a recession. `We've had a positive run for a number of years so there will inevitably be a correction,' he says.
According to the CPA's trade survey for the first quarter of the year, 30% of contractors said public sector housing work had increased and 20% cited a rise in education and health.
And there is surely cause for hope from the ...