Did you know that there is a version of The Construction Index for the USA? Visit the site No thanks
Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly plant news

Construction News

Wed October 18 2017

Related Information
Related Information
Related Information

News » UK » Majority expect their business to improve this year » published 7 Jun 2017

Majority expect their business to improve this year

A survey of 80,000 UK construction professionals has found substantial depths of optimism across the industry.

Yeah, party... Above: Yeah, party...

The Construction Sentiment Survey 2017 was carried out by Causeway Technologies and Barbour ABI, with questions on subjects ranging from skills shortages and technological developments to rising materials costs and the implications of Brexit.

Overall, respondents seem to be feeling pretty good about their business prospects.

71% of respondents expect their company’s revenue to grow in 2017; 24% said it would be about the same and 5% expect a fall.

63% expect profit to increase in 2017, against 26% expecting no change and 5% expecting a decreases (6% were unsure).

Broadly speaking, optimism was noticeably greater among smaller firms (those with fewer than 250 employees) than among larger firms.

The survey was conducted at the end of 2016 and start of 2017.

 

 

 

MPU

Further Images

Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News, Contract News & Supplier News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 7 Jun 2017 (last updated on 7 Jun 2017).

More News Channels