This report is the result of Timetric's extensive market research covering the other commercial construction industry in Argentina.

1. Despite economic Growth the UK Institutional Construction
Industry to Face Market Heat: Ken Research

2. The British economy turned in a steady performance in 2016,
growing at the second fastest rate among the G7 economies.
Growth in the sixth months following the EU referendum was
significantly stronger than some had feared pre-vote, when
the Treasury and others predicted a Brexit vote would result
in recession. Growth in 2016 was stronger than the OBR and
other forecasters were expecting at the start of the year, with
little sign of any immediate post-Brexit slowdown.

3. But the OBR predicts growth will slow in 2017 and 2018 as
businesses delay investment plans and household incomes start
to be squeezed by rising inflation. The vast majority of
economists expect the decision to leave the EU to hit growth in
the medium to longer term.
The industry has suffered a major dent in its history and will
suffer a massive blow in coming times due to the referendum
from the EU more commonly called Brexit. The UK’s construction
industry has slipped back into recession for the first time in four
years, according to Ken research report on “Institutional
Construction in the UK to 2020: Market Forecast” the sector was
struggling even before the vote to leave the EU. Experts say the
drop in business and consumer confidence since the referendum
will further dent construction activity in the months ahead.

4. The Office for National Statistics said output dipped 0.7% in
the second quarter of 2016, following a drop of 0.3% in the
previous three months. Construction – which accounts for 6
per cent of British economic output – is capricious on a
monthly basis and accounts for a disproportionate amount of
revisions in periodical economic growth data. Therefore the
institutional construction such as schools and hospitals are not
in rise of demands as the UK economy will have to gain its
pace back and show resilience in the market after Brexit. The
reconstruction and demolition work seems to show a flat
growth and is on the predicted to rise after the economy has
gained back its pace and therefore the growth is predicted to
increase after 2021.

5. Report titled “Institutional Construction in the UK to 2020:
Market Forecast” predicts, the institutional construction in
UK seems to have a feeble growth in coming years due to
the referendum from EU (Brexit). Therefore due to the
stabilization of the construction sector the UK institutional
construction is on a recovery phase which indicates a large
fall in the demand of hospitals and schools etc.
Key topics covered in report
Global Institutional Construction Industry
The UK Institutional Construction Industry Research
The UK Construction Market Revenue
Construction Industry Growth in UK
UK Major Construction Projects
UK Commercial Construction Industry Analysis
UK Construction Industry Forecast

6. For more coverage click on the link below:
https://www.kenresearch.com/manufacturing-and-
construction/infrastructure/institutional-construction-
uk/82694-97.html
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7. Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249