Construction growth continues to slow, with only residential reporting improvement The ONS report that in February construction output decreased 0.6% in the three-month on three-month all work series, driven by a 1.0% fall in repair and maintenance and 0.4% fall in all new work. These
Spring Budget overshadowed by Brexit uncertainty The chancellor has announced his spring budget for 2019, presenting the latest Office for Budget Responsibility’s forecasts. The OBR’s forecasts have been produced against the backdrop of uncertainty over the next steps in the Brexit process, which has led
There are a number of tools at the disposal of the construction marketer, with some marketing tools relatively unique to construction. In this article we explore how the construction marketer can develop their strategy, using a range of tools, to influence building product selection. In
Mixed views for Construction leave the industry becalmed While some measures of activity have increased slightly, others have declined, leaving an overall impression of an industry becalmed and waiting for the Brexit indecision to be resolved. Latest construction forecasts from the Construction Products Association have
A mixed view for construction at the end of 2018 The ONS report that construction output recorded an all-time high in November 2018 as the month-on-month series grew by 0.6%, resulting in the total value of construction output exceeding £14bn for the first time since
Optimism improving, despite Brexit uncertainty weighing on construction markets The IHS Markit/CIPS UK Construction PMI for November 2018 points to an expansion across the construction sector, as the index registered 53.4 in November, up from 53.2 in October. This was driven by the residential building
Construction appears to be flat amidst ever continuing Brexit uncertainty The ONS report that in April construction output increased 0.4% in the three-month on three-month all work series, driven by a 1.0% increase in repair and maintenance. However construction output decreased by 0.4% in the
An optimistic outlook for construction in 2020, despite an uncertain end to 2019 Latest builders merchant’s industry forecasts, from the BMF, show that the slowdown in merchants’ sales growth experienced during latter half of 2019 is expected to continue into the first quarter of 2020.
Brexit and political uncertainty weighs heavily on Construction figures The ONS report that in July construction output growth decreased by 0.8% in the three-month on three-month all work series, driven by a fall in repair and maintenance of 2.2% and a minor decrease of 0.1%
Brexit uncertainty throughout the year causing a very slow construction industry The Construction Products Association’s Autumn Forecasts for construction output growth in 2020 and 2021 have been downgraded by almost half from its summer forecasts. This reflects the uncertainty around Brexit and major infrastructure delivery.