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Fri May 03 2024

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Price inflation outstrips volume growth for builders merchant

19 May 22 Such is the state of inflation today, the tills of Britain’s builders merchants are racking up record sales but the amount of stuff going out of the door has not changed much.

Analysis of contract awards suggests recession might be coming

16 May 22 Latest report from construction market monitoring firm Barbour ABI suggests recession might be coming given a fall in both contract awards and planning approvals.

Construction output reaches record heights

12 May 22 Latest numbers from the Office for National Statistics show construction output in Great Britain reaching record heights in March 2022 and near-record quarterly growth.

Strong start for quarry firms – future uncertain...

12 May 22 Aggregate producers report a strong first quarter in 2022 but the outlook for the rest of the year is described as uncertain.

Merchants see sales volumes flattening out

10 May 22 Sales forecasts from the Builders Merchants Federation (BMF) reflect growing uncertainty in the supply chain, stemming from rising energy prices, exacerbated by the Russian invasion of Ukraine.

Confidence remains high among the trades

9 May 22 Britain’s tradespeople remain confident of demand for the services remaining high, despite rising prices and the cost of living crisis.

Construction purchasers report recovery losing momentum

6 May 22 The latest monthly survey of construction industry purchasing managers suggests that the industry is still growing strongly, but headwinds are starting to be felt.

Timber imports return to pre-Covid levels

6 May 22 A slow-down in house-building and housing repair in the first quarter of 2022 is being reflected in timber import volumes.

Surveyors warn on material shortages

5 May 22 A lack of materials is hampering UK construction activity, according to the latest member survey by the Royal Institution of Chartered Surveyors (RICS).

CPA slashes construction growth forecasts

4 May 22 The Construction Products Association has downgraded its forecast for industry growth from 4.3% to 2.8%.

Plant sales start to slow

3 May 22 Following the high levels of business in the past 12 months, it seems that UK plant sales are starting to slow again.

Merchants ring up winter sales growth of more than 20%

25 Apr 22 Over the three winter months of December to January, sales through builders’ merchant sales in Great Britain rose by 21.4% compared to the year before.

Cost of labour hits all-time high on London building sites

22 Apr 22 Labour rates on building sites broke records in London last month as average weekly earnings for self-employed tradespeople hit £1,027 during March, according to the construction industry’s biggest payroll.

Turner & Townsend raises inflation forecast to 8.5%

22 Apr 22 Construction consultant Turner & Townsend is warning clients to secure their supply chains as it revises UK real estate inflation forecasts to 8.5%

Crown Estate Scotland opens up spatial data

20 Apr 22 Crown Estate Scotland has launched a hub to make its spatial data freely available.

Storms hit February construction output

11 Apr 22 Monthly construction output decreased by 0.1% to £14,610m in February 2022 compared to January 2022.

London returns to being world’s priciest place to build

8 Apr 22 London is once again the world’s most expensive city for construction, according to the latest international costs study by Arcadis.

Construction purchasers report orders still growing

6 Apr 22 The construction recovery looks set to continue for the time being in the near-term as order books swelled at their fastest rate for seven months in March.

Construction R&D investment hits new heights

5 Apr 22 Construction sector research and development (R&D) spending hit new heights last year, according to latest official data.

Inflation masks merchants' modest sales growth

24 Mar 22 Sales turnover through the tills of British builders’ merchants was up by nearly a quarter in January 2022 compared to the same month in 2021, making it the strongest year-on-year growth seen in recent months.

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