Supply crisis sees construction drop below pre-pandemic levels
Construction output fell by 1.6% in July, taking it 1.8% below the February 2020 pre-pandemic level, while the repair and maintenance sector grew by 0.6% – amounting to £27million – in the same period,...
White paper calls for ‘radical change’ towards single product competence standard
A call for the entire built environment sector to unite behind a single standard of product competence has been made in a new White Paper from a working group led by the Consumer Products...
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%...
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...
Drop in housing softens construction growth – S&P
Housing activity saw a renewed fall in June, set against overall growth across the industry led by strong commercial activity, according to the latest PMI figures from S&P Global.
Anecdotal evidence suggested that the expansion...
‘Look beyond cities’ FMB tells Gove
Plans revealed today by housing secretary Michael Gove to release more brownfield sites for housebuilding have gained cautious industry approval but the Federation of Master Builders says they must look beyond just the cities.
The...
Homes demand brings record growth for construction orders
Construction order volumes increased at the fastest pace for nearly a quarter century last month but inflation in materials costs hit the same record high, according to the latest IHS Markit / CIPS UK...
Output growth up in ’21 but forecast dips for ’22 – CPA
The predicted growth for construction output for the year has increased to 14.3% from its previous 13.7%, according to the Construction Products Association, but next year’s forecast is now revised down from 6.3% to...
Supply chain and deliveries easing while new orders tumble – S&P
August saw a slump in housebuilding alongside the weakest activity forecasts since the beginning of the year and the fastest drop in new orders for over three years, according to the latest figures from...
Rising costs continue to dampen product growth optimism
Light side construction products showed growth for a ninth quarter in succession while increases in energy, fuel and materials costs continue to add uncertainty to the immediate future, according to the Construction Products Association’s...
