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Tue September 17 2024

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ONS: Construction output stumbles

5 days Construction output in Great Britain fell 0.4% in volume terms in July 2024, according to Office for National Statistics’ latest estimates.

August PMI suggests UK construction has turned a corner

5 Sep Reports from construction purchasing managers indicate a sustained rebound in business activity in August.

Market slowdown continues for builders’ merchants

5 Sep With the housing market remaining in the doldrums, there is little sign of growth in demand for building materials.

UK house-building starts fall 34%

29 Aug House-building figures published by the Office for National Statistics this morning show a significant fall in new housing completions and an even bigger fall in new starts.

Construction leads on employee retention rates

22 Aug People in the construction industry stay longer with their company than those in most other industries, it appears.

Site wages grow for fifth consecutive quarter

22 Aug Construction site wages in the UK were up by an average of 2.4% in the second quarter of 2024 compared with the previous quarter, and up by 4.6% year-on-year, the latest data from the Hays/BCIS Site Wage Cost Indices shows.

Construction starts up 8% this year

15 Aug Construction starts so far this year are up by 8% compared with 2023, according to the August 2024 edition of Glenigan’s Construction Review.

Construction PMI hits 26-month high

6 Aug Construction purchasing managers report a sharp rise in activity immediately following the general election last month.

Merchants’ sales decline again

1 Aug Latest report from the Builders Merchant Building Index (BMBI) shows that sales volumes were down by 7% in May 2024, year-on-year, while takings were down by 5.2%

Surveyors report no spring growth

1 Aug RICS UK Construction Monitor shows no growth in construction activity between the first and second quarters of this year.

Patchy improvement in heavy materials sales

1 Aug The latest quarterly volumes survey from the Mineral Products Association is a mixed bag.

CPA downgrades growth forecasts again

29 Jul The construction industry is doing worse than expected this year, with little sign of any imminent improvement.

Latest NHBC numbers show scale of mountain to climb

24 Jul The National House Building Council says that the new government has “a mountain to climb” to hit its housing targets.

May ONS: Output rises 1.9%

11 Jul Brighter weather in May brought a return to growth for the British construction sector in May.

BCIS: civils tender prices to rise faster than costs

10 Jul The Building Cost Information Service (BCIS) is forecasting that civil engineering contractors’ tender prices over the next five years will rise substantially more than their costs.

Timber imports on the rise

10 Jul First quarter timber imports into the UK were down compared to 2023, but April saw an uptick.

Construction growth softens as house-building falters again

4 Jul Construction activity and new orders increased in June 2024 but more slowly than in May as house-building slowed again.

Extra days lift merchants’ April takings

4 Jul The latest Builders Merchant Building Index (BMBI) report shows sales up in April 2024, compared to April 2023, but only because there were more trading days this year.

Uncertainty prompts Mace to hold tender forecasts unchanged

2 Jul Latest tender price forecasts from the cost consultancy division of Mace remain unchanged from three months ago.

BCIS releases five-year construction forecast

28 Jun Building costs will increase by 15% over the next five years, while tender prices will rise by 19% over the same period, according to the latest construction forecast data from the Building Cost Information Service (BCIS).

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