Quarter 1 performance continues to falter

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Construction-starts flatlined in February Quarter 1 performance continues to falter in the midst of economic uncertainty according to Glenigan. The Glenigan index reviews the poor performance for Quarter 1. Meanwhile, the economic director has hope for a boost in project-starts in Q2 and Q3. Sector-wide decline in quarter 1 performance The Glenigan index of construction […]

Industry Insights – Weak performance for most sectors

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The construction industry starts the year slowly The latest construction industry insights show that there was a weak performance for most sectors over the last three months. According to Glenigan, there is a continued weakening in project start statistics… ‘31% decline in project starts against a year ago reflects investor caution in the face of […]

Construction industry predictions for 2023

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Construction industry forecasts for 2023 Tom Hall, Chief Economist at Barbour ABI predicts slower later stage planning and construction activity, particularly in the commercially sensitive sectors as the economy slows. Likewise, Glenigan’s construction industry predictions for 2023 show that project starts will fall by 2%. Read on for the 2023 construction industry predictions from data […]

Industry Insights – January

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New Records in 2022 The construction industry has proved it’s resilience over the last 12 months. Although sector activity was mixed, the industry overcame challenges and saw a record amount of contract awards and planning approvals.   2022 saw record levels – Barbour ABI’s view According to the Barbour ABI January Snap Analysis,  the high […]

Our 2022 review and what’s in store for us in 2023

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Reflecting on the year’s wins, challenges and recovery 2022 was a challenging year with industry-wide challenges that have tested the sector’s resilience. While Russia’s unprovoked invasion of Ukraine caused price rises and material shortages, contractors and clients have persevered, delivering projects to reinvigorate the economy. In spite of the challenges, 2022 was a year of […]

Industry Insights December

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Every Region in England is suffering with declines in project-starts A deepening recession, continued construction materials inflation, and flat lining growth continue to hinder the industry, according to Glenigan. Unfortunately, with the Russia-Ukraine war and resulting materials, energy, and fuel price inflation, a return to pre-COVID activity levels will be delayed for some time. Every […]

Industry Insights November

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November construction insights: Contract awards continue to defy expectations In this month’s industry insights, we review the latest construction data from Barbour ABI and Glenigan. October was a strong month for contract awards and the level of planning approvals remains stable for the third month. Although it has been a good month for contract awards, […]

Construction industry supply chain challenges and predictions

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Will Rising Energy Prices Continue to Affect Material Costs in 2023? It has been a challenging year for the construction industry, following Brexit and the impact of global lockdowns. Materials and labour shortages have been synonymous with the construction industry. Plus, on top of this, the war in Ukraine has resulted in sanctions, restrictions and […]

Industry insights for October and Q3 review

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The latest analysis from industry commentators shows both peaks and troughs in activity. In this month’s industry insights, we review the planning applications, approvals, contract awards and project-starts. According to the latest construction industry data and economists, there were more contract awards than expected in Q3. The data also shows that despite recent economic turmoil, […]

Industry Insights September

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Construction Industry Insights September 2022 The latest analysis from industry commentators shows both peaks and troughs in activity as planning applications and approvals, contract awards, and project starts are all reviewed. While the data for the third quarter is gloomy, September showed a slight improvement on August, and the decline in project-starts has begun to […]