State of Trade Survey 2017 Q1

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Construction product manufacturers reported rising sales in the first quarter of 2017, extending the industry’s period of growth to four years. On the heavy side, 45% of firms reported a quarterly increase in sales, down marginally from 50% in the fourth quarter of 2016. On the light side, 38% of firms reported that sales increased during the quarter, also lower than the 50% balance recorded in the previous quarter. Strong performance in the opening three months of the year has also buoyed manufacturers’ expectations for growth over the next quarter and year. 68% of heavy side manufacturers anticipated an increase in sales over the next quarter, whilst a balance of 47% was recorded on the light side.

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