Key monetary indicators in the United
States, Europe, Japan, and China are flashing signals
of an
economic slowdown later this year, raising fears
of a
global recession in 2019 and a stock market slump without a shift in policy.
The Construction Products Association's latest
State of Trade Survey, which has been launched today, shows that although a Eurozone crisis appears to have been averted for the time being, the prospect
of an
economic slowdown in the major European economies, together with increasing
global energy and raw material prices, remain as the major threats to further recovery in the UK construction products industry.