Construction Trade Survey February 2017

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Firms across the construction industry supply chain reported growth in the final three months of 2016, marking the fifteenth quarter of expansion since 2013 Q2. Construction product sales rose for both heavy and light side manufacturers at the start of the supply chain in Q4, whilst activity on the ground was also reported to have increased. Output rose for main and specialist contractors and workloads were reported higher for SME builders and civil engineering firms. However, looking ahead to 2017, product manufacturers lost some of the optimism displayed in previous quarterly surveys, especially on the heavy side, with a balance of 18% anticipating sales increases over the year ahead, down from 38% in Q3.

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