State of Trade Survey 2016 Q4

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In common with positive data from other areas of the economy, construction product manufacturers reported strong activity in the fourth quarter of 2016, marking a fifteenth consecutive quarter of growth. On the heavy side, half of firms reported a quarterly increase in sales, up from 26% in Q3. Similarly, half of light side firms reported a rise in sales during the quarter, matching the balance from Q3. Looking ahead however, manufacturers expected weaker growth in sales during the next quarter, suggesting that uncertainties over the government triggering Article 50 have diminished confidence over the outlook. Only 6% of heavy side manufacturers anticipated an increase in sales over the next quarter, whilst a balance of 29% was recorded on the light side.

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