Construction down …optimism up – S&P reports
A sharp decline in house building has led to the fastest fall in construction output since May 2020, while business expectations rebounded to the highest confidence level in six months, according to the latest...
Construction bouncing back from lockdown but no-deal Brexit threat still looms – CPA
Strong demand for new private housing and repair & maintenance looks set to mitigate the historic falls in construction growth during lockdown but the industry is not out of the woods yet and faces...
Construction shows fastest growth for two years – S&P
Growth in the UK construction sector gained momentum during May, with activity and new business increasing at sharper rates than in April, with the result that overall activity rose at the fastest pace for...
House building strong amid cooling construction
Further evidence of the cooling off in construction has come with reports of an 8.5% decline in contract awards last month over August 2019.
The total value for the month was £4.4 billion, initially showing...
Housing growth still dogged by consumer fears
Sluggish growth in house building was the biggest cause of the lack of momentum across construction, brought about by subdued consumer confidence and worries about the economic outlook, according to the latest PMI figures...
Supplier delays and inflation ease but housing slows – S&P
Supplier delays and input cost inflation around the industry have begun to recede but housing activity fell for a third month in a row amid an overall picture of construction growth, according to the...
Pandemic puts the brake on offsite growth
The market for offsite housing is estimated to have increased by 6% at manufacturers sales prices, significantly lower than the 2019 estimate of 12%, according to the latest findings by AMA Research.
This is due...
Supply problems fading fast but house building continues to decline – S&P
Materials supply problems throughout the industry showed the strongest improvement since 2009, according to the latest purchasing managers reports from S&P Global. At the same time however, house building showed the steepest decline for...
RMI growth ‘propping up’ construction amid continuing decline in new work
Repair, Maintenance and Improvement (RMI) is continuing to show growth offsetting similar negative figures in new work around the industry, according to the latest ONS figures.
While RMI put on 2.1% in November and 3.8%...
Slight upturn ends six-month construction decline
UK construction companies indicated a renewed increase in total industry activity during March, thereby ending a six-month period of decline, according to the latest S&P Global report.
House building and commercial construction activity were both...
