Figures for Q3 2019 show negative growth in sales through UK builders’ merchants for the second successive quarter. According to the latest findings of the BMF’s Builders Merchants Building Index (BMBI), in value terms, total merchants’ sales for Q3 2019 were down -0.8% compared to the same period in 2018,[ More….]
UK construction companies recorded another drop in business activity during November. The pace of decline moderated to its slowest since July. However, new work continued to fall sharply amid reports that domestic political uncertainty had led to indecision among clients. The headline seasonally adjusted IHS Markit/CIPS UK Construction Total Activity[ More….]
The UK construction sector remained in contraction in October as new orders and employment continued to fall. The IHS Markit/CIPS UK Construction Purchasing Managers’ Index rose to 44.2 in October, up on 43.3 in September but still below the neutral 50 reading. Readings below 50 signal negative growth. Yet again companies noted[ More….]
The construction products manufacturing sector began to feel the impacts of the broader weakness in economic growth and a diminishing pipeline of construction activity in Q3, with heavy side manufacturers reporting a fall in sales and a slowdown in hiring during the quarter. The Construction Products Association’s State of Trade[ More….]
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