ACR-News
Know what you want? Try our 'Supplier Directory' 

CPA reports Q4 growth in construction sector

The Construction Product Association’s latest Construction Trade Survey shows that activity in construction rose for the eleventh consecutive quarter in Q4.

 

This was reported by firms across all areas of the industry and was led by new building activity in the private housing, commercial and infrastructure sectors.

 

CPA senior economist Rebecca Larkin, said: “It is encouraging that growth continues to be reported across the entire construction supply chain. Overall, the near-term outlook appears positive, as firms from construction product manufacturers at the beginning of the supply chain to specialist contractors, SME builders and civil engineers carrying out work on the ground reported modest increases in enquiries, orders or anticipated sales for Q1 and the 12 months ahead.”

 

She continued: “Growth will continue to be led by work in the private housing, industrial and infrastructure sectors, but there are clearly areas that are languishing. Activity and orders were reported to be lower in public housing, which reflects the headwinds facing housing associations and local authorities amid recent policy decisions. Orders were also reported to be lower for repair and maintenance (R&M), both housing and non-housing, in Q4.”

 

Ms Larkin also highlighted the continuing shortage of skilled workers and said it remains the largest threat to construction activity in the months ahead.

 

Meanwhile, Suzannah Nichol, chief executive of Build UK, said: “Whilst we are continuing to see growth in construction the market is very mixed and the difficulties in recruiting the right skills are causing very real concerns as labour costs rise. With an expectation of rising workloads over the coming 12 months Build UK will focus on inspiring young people and those looking for a change of career to choose construction whilst motivating the workforce to stay within the industry.”

Paul Bogle, Head of Policy and Research at the National Federation of Builders, said, “While costs and the recruitment of skilled tradesmen remain an issue, we could be seeing the start of a trend as public housing output declines. It is highly unlikely the Government will realise its aspiration of building one million homes by 2020 without a strong house building public sector. Without more widespread access to small sites for SMEs the increases in private house building numbers can not be sustained over the longer term.”

Comments

Already Registered?
Sign In
Not Yet Registered?
Register

World Refrigeration Day

Industry has embraced the inaugural World Refrigeration Day (WRD) with events happening all over the world....

  25-Jun-2019

Midea becomes fastest growing manufacturer of aircon products supplied into the UK

In 2017 Midea, the world’s largest air conditioning manufacturer, had achieved over 20% market share in Europe. Establishing further growth was never going to be easy, especially in countries where the status quo had remained relatively unchanged....

  26-Feb-2020

New Zanotti GM Wall Mounted Monoblock

AFR Refrigeration Ltd introduces the new GM range of through wall mounted monoblocks with refreshed modern appearance and upgraded touch style control panel keypad.
  21-Feb-2020
ACR News is the number one magazine in the air conditioning and refrigeration industry. Don’t miss out, subscribe today!
Subcribe to ACR News

Diary

Institute of Refrigeration Annual Dinner
Futurebuild
Data Centre World
The 2020 IIAR Conference & Heavy Equipment Expo