The IHS Markit/CIPS UK Construction PMI November 2017 report shows a marginal upturn in construction output for October, led by housing activity. However, confidence regarding a 12-month outlook dropped to its weakest since December 2012. The Index registered 50.8 in October up from 48.1 in September moving back above the 50.0 neutral mark; however this […]

The ONS have released their Construction Output in Great Britain: July 2017 and new orders April to June 2017 figures, showing that construction output contracted by 1.2% on a 3 month on 3 month basis in July. This decline was mainly due to decreases in both repair and maintenance and all new work falling 1.8% […]

2017 Spring Budget – no new major announcements for construction The CPA, in response to the budget, say anyone seeking major announcements are likely to be disappointed, going on to say there were only a handful of announcements relevant to construction. Many of these were carried over from the previous autumn budget, including a £220 million fund […]

Construction to maintain post-referendum momentum, yet fortunes are mixed The Construction Products Association has released their latest construction forecasts, showing that construction output is expected to grow by 0.8% in 2017, 0.7% in 2018 and 2.2% in 2019. Whilst showing that construction will maintain its post-Referendum momentum, these forecasts are also masking considerable variation in […]

Since the EU referendum the economic outlook for the UK in general and for construction specifically has been uncertain. The recent Glenigan Breakfast Briefing, held in London on Tuesday 22nd November, provided the outlook for construction markets going into 2017. Here is my take on the event. Heightened uncertainty & sterling depreciation shocks the economy The […]

The Build UK State of Trade Survey for Q2 2016, shows a positive but stabilising picture of prospects for contractors, with 46% operating at over 90% capacity. Contractors also saw an increase in output of 22% for Q2 2016, significantly more than the 5% growth recordered in Q1 2016 and the 3% seen in Q4 […]

Ian Chapman, director of the NBS National BIM Library, asks when it comes to BIM, what stage are construction product manufacturers at? And where would you place your business? Ian argues that the early adopters have already answered many questions, so we should learn from their experience and understand the pitfalls and benefits of adoption. […]

Competitive Advantage in conjunction with the Chartered Institute of Marketing Construction Industry Group (CIMCIG) has set up a quarterly survey to measure the impact of Brexit on Sales & Marketing in the construction sector. Please follow the link to give us your feedback and register for a free report of the findings. Here is a […]

The Construction Products Association have released their latest State of Trade Survey, reporting continued growth in sales of construction products in Q2 2016, making this the 13th consecutive quarter sales have increased. Manufacturers displayed pessimism about prospects for the year ahead, even though 75% of survey responses were received before the outcome of the EU […]

EU referendum uncertainty is stalling construction growth There are clear signs that uncertainty around the EU referendum is concerning businesses. The latest CBI Growth Indicator showed the pace of growth in output across manufacturing, distribution and service sectors for May 2016 was broadly similar, with a balance of 11% of firms reporting a rise in […]