Within arm's reach.
The construction industry is in for a tough year, but brokers and insurers working together can give the sector a lift and ensure a bright future, says Stephen Morris.
Despite the talk of recession and a slowdown in the housing market,growth in the construction industry is forecast at nearly 2.5% for 2002
and a total of 15% between 2001 and 2005. Although economic conditions in
the wider economy will impact on these growth figures, over the longer
term there are a number of reasons to believe that the construction
industry will perform better than other sectors of the economy.
The Government's 10 Year Transport Plan, for example, should assure
increased spending
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