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Hopes construction will grow next year

THE total value of construction output will fall by 2% in Scotland in 2013 but increase by between 1% and 4% annually in each of the following four years, experts predict.

Research by CITB Construction Skills suggests that following an estimated 15% fall in output in 2012 prospects should improve for the Scottish industry into the medium term.

The industry body expects declines in public sector construction to ease while better economic conditions will provide the framework for growth in the private sectors. The growth rate will peak at 4% at 2015, falling to 3% in 2016 then 1% in 2017.

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