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ONS figures published today show that construction output increased 2.9% month-on-month in May. This was the fastest monthly growth rate in two years, reflecting an uptick in activity following adverse weather conditions during the first quarter.
ONS figures published today show that construction output increased 0.5% month-on-month in April. Output was, however, 3.3% lower compared to April 2017, and on a rolling three-month basis contracted by 3.4%, the largest fall since August 2012. Alongside this, new orders in Q1 fell 4.6% quarter-on-quarter and 6.6% in annual terms.
The Construction Product Association’s latest Construction Trade Survey, published today, shows that the construction industry grew for a fourteenth consecutive quarter in Q3.
The Construction Product Association’s latest State of Trade Survey reports continued growth in sales of construction products in the third quarter of 2016. Sales increased for a fourteenth consecutive quarter, and in the first survey after the EU referendum, manufacturers moved from a pessimistic stance to an optimistic one regarding near-term prospects.
The Construction Product Association’s latest State of Trade Survey reports continued growth in sales of construction products in the second quarter of 2016. Sales increased for a thirteenth consecutive quarter, but manufacturers displayed a growing pessimism about prospects for the coming year ahead, even though 75% of responses were received prior to the EU referendum.
For enquiries please contact: Jeff May jeff.may@constructionproducts.org.uk