Construction Trade Survey February 2019
- The final quarter of 2018 was a mixed one for the construction industry.
- Product manufacturers reported rises in sales and workloads increased for SME builders.
- Output was reported lower for main contractors and specialist contractors, whilst workloads declined for civil engineers during the quarter.
- The weakness in contractors’ workloads was broad-based across sectors from private housing to commercial, whilst for civil engineers, the decreases in activity were reported in seven out of ten infrastructure sub-sectors, including local roads and railways.
- Product manufacturers remain optimistic, with expectations of rising sales over the next 12 months.
- Main contractors’ order books for all new build sectors were reported to be lower in Q4, whereas order books for housing R&M were reported to have increased compared to the previous quarter.
- On balance, enquiries increased for 14% of SME builders in Q4, but this was the lowest in two years, whilst new orders declined for 8% of civil engineers, despite major projects in the infrastructure sector.
- Orders rose for specialist contractors, in contrast to a fall in enquiries.
This document contains a fully comprehensive list of all the most up to date Wood Information Sheets (WIS) published by TRADA. Available to members for free or non-members for £12.00, these Wood Information Sheets provide technical guidance related to almost every timber topic under the sun.
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