Price and supply woes still biting but is the worst over? – Markit
UK construction companies continued to report widespread supply constraints and rapidly increasing purchase prices but the latest report from IHS Markit, CIPS forecasts that “the worst phase of the supply crunch may have passed.”
Reports...
House building down, commercial up but sourcing eases further – S&P
House building saw its fastest decline in almost three years last month while commercial building saw some increase, though more slowly than its February peak, according to the latest survey of purchasing managers.
However, the...
Housing hopes gather pace with more planning green lights
The future of UK housing is looking optimistic with £3.8billion of plans granted the go-ahead last month, clearly higher than the £3.5billion average throughout 2021, according to the latest figures from Barbour ABI.
The residential...
Construction downturn easing – S&P
Construction activity is continuing to decline but at a slower rate than at any other time since the current downturn began, according to the latest S&P Global report.
Tim Moore, Economics Director at S&P Global...
Output strong, inflation easing – Markit
Construction output last month showed the strongest activity since mid-2021 amid stronger client confidence and work on new projects commencing, according to the latest report by HIS Markit.
Companies however continued to report widespread supply...
CPA adds more hope of growth
Further optimism for growth alongside easing supply issues has come this week from the Construction Products Association with a forecast that construction will put on a ‘robust’ 4.3% this year before slowing to 2.3%...
Housebuilding slump fuels steepest construction decline since pandemic days
Construction activity fell at the fastest pace since May 2020 with housebuilding showing the steepest fall of all sectors.
At the same time, supplier performance continued to grow robustly and delivery times for products and...
Housebuilding woes add further to construction decline – S&P
Housebuilding activity has now fallen for eleven months in succession, with a steep decline adding further to a gloomy outlook for Construction last month, according to the latest figures from S&P Global Market Intelligence.
Economics...
‘Good but not enough’ – first reactions to Autumn Statement
The new chancellor’s Autumn Statement has received a cautious welcome by industry bodies with the early consensus summed up as ‘a step in the right direction’ but more is needed.
Construction Products Association Economics Director...
Code for Construction Product Information published to promote ‘urgent behaviour change’ among manufacturers
The Code for Construction Product Information (CCPI), Code guidance, developed by the Construction Products Association’s Marketing Integrity Group, has been launched in response to the Hackitt Report following the Grenfell Tower disaster.
The publishers say the Code...
