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Construction Product Manufacturing Costs Ease but Sales Growth Remains Mixed

07 August 2023

The Construction Products Association’s latest State of Trade Survey for 2023 Q2 showed a continued split in performance in construction product manufacturing industry. Heavy side manufacturers’ sales decreased for a fourth consecutive quarter whereas sales from light side producers registered another quarterly increase, adding to a run of growth that began in 2020 Q3. Forward-looking sales expectations suggest these varied fortunes will persist over the next 12 months.

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Mixed Performance for Construction Product Manufacturing in Q1

24 April 2023

The Construction Products Association’s latest State of Trade Survey for 2023 Q1 highlighted the continued mix of fortunes in the construction product manufacturing industry. For a third consecutive quarter, a fall in sales for heavy-side producers contrasted with continued growth for manufacturers on the light side. Forward-looking sales expectations improved, however, but the strength of demand in construction remains the key concern for sales over the next 12 months.

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Mixed Performance for Construction Product Manufacturing Heading into 2023

06 February 2023

The Construction Products Association’s latest State of Trade Survey for 2022 Q4 revealed a quarter of mixed fortunes for the construction product manufacturing industry. Performance was split between a decline in sales for heavy-side producers and continued growth for manufacturers on the light side. Furthermore, manufacturers expect these dynamics to persist in 2023, with new build starts affected by economic uncertainty but refurbishment and activity for energy-efficient retrofit continuing apace.

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CPA Forecasts Recession in Construction for 2023

30 January 2023

The construction industry is expected to endure a recession this year after two strong years for the industry. According to the Construction Products Association’s Winter Forecasts, construction output is expected to fall by 4.7% in 2023 before recovering slowly in 2024 with growth of just 0.6%.

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CPA Response to the Chancellors Autumn Statement 2022

17 November 2022

Chancellor Jeremy Hunt highlighted “stability, growth and public services” as the three main priorities of his Autumn Statement 2022. For construction product manufacturers, as well as the wider construction industry, the announcements made under the ‘growth’ priority will perhaps be most pertinent.

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