‘Infrastructural output is expected to lift the whole [construction] industry over 2021 and 2022’ – Professor Noble Francis, CPA economics director.
2021 is already promising to be a surging year of growth and productivity for the construction industry, as forecasted by the Construction Products Association (CPA).
Economic experts at the company are predicting what they call a ‘W-shaped’ economic recession and recovery, and a rise of 14% output as the year progresses. This number is incredibly significant, as construction industry output initially fell by 14% as lockdowns were first imposed on the UK back in March 2020. A 14% rise will return output levels to pre-pandemic levels, putting the construction industry back on its feet.
And that’s not all. CPA’s economic advisors also predict a further 5% increase into 2022. As vaccines are rolled out across the country, opportunities for continued productivity are only going to increase.
A strong recovery in the latter half of 2020, with construction sites reopening sooner than expected and demand at an all-time high, means that the construction industry is set to be among the trailblazing industries which will greatly support the UK through troubling economic times ahead.
But what does this mean for workers in the trade industry? It means that, after all the difficulties faced in the past, the years ahead will be an incredibly busy and highly productive era for construction. It means that trade workers will be very highly sought after, well paid and not short of work.
Most importantly, it means that now is an excellent time to be in the trade industry.
‘Projects have been able to effectively enact safe operating procedures [...]. Main works on HS2, Europe’s largest construction project, along with offshore wind and nuclear projects, are expected to be the main drivers of activity’ – Professor Francis.
Not only are the larger-scale projects thriving, but domestic work is also on the increase, as figures show a public confidence in tradespeople entering their homes and working safely. The demand for home improvement projects has soared after time spent in lockdown, and self-employed tradespeople are particularly reaping the rewards as the public need their services more than ever.
Broken boilers, electrical faults, heating issues, are not problems which go away under lockdowns – they are highly important for safety and domestic comfort, and prove just how essential tradespeople are in the lives of millions.
And so for those who are not currently trained but are thinking about changing careers, there is simply no time to waste. You don’t want to look back at this period, perhaps still stuck in an unrewarding and uncertain job, and regret not becoming qualified as a tradesperson. You don’t want to wait for hindsight to tell you what you should have done. You need to assess what’s best for you moving forward, and take a leap that could potentially change your life.
Economic projections, percentage figures and lofty statements, might seem distant and unimportant to the everyday worker stuck in lockdown after lockdown. But what they do tell us, is that tradespeople will play a crucial part in the years ahead.
Work will be abundant, pay will be good, and healthy and rewarding careers will be possible. All you need are the qualifications, the determination, and the foresight to invest in yourself, and invest in your career.
Give Access Training a call and enquire about a course – they can take it from there.
Learn your trade. Get qualified. Make it happen.