Industry Insights November

Sparks from Steel

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, […]

Industry Insights September

Sparks from Steel

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 […]

Rising construction costs suppress project-starts

Sparks from Steel

The August Glenigan index highlights a downward trend across most sector verticals. Similar to the July Glenigan index, the construction industry recovery continues to be held back by several factors. This includes the Russia-Ukraine war and global materials shortages, which are contributing towards rising construction costs. The weaker economic outlook has continued to negatively affect […]

Industry Insights August

Sparks from Steel

Construction Industry Insights August 2022 Activity remains weak in the construction sector with the value of planning approvals falling. Despite the rising inflation, fragile consumer confidence and higher interest rates, July was another good month for contract awards. The value of contract awards has increased by 13% for the second month running, providing some respite […]

Industry Insights July

Elland Steel logo

Construction Industry Insights July 2022   Contractions across almost all sectors and regions mean the construction industry is in a “period of decline”, the latest performance figures show.   Even pockets of reasonable activity – across the North West and Northern Ireland, and within the Infrastructure sector – do little to detract from overall weak […]

Industry Insights June 2022

Circular Hollow Section being cut with sparks

The construction industry is settling into a “subdued” period following 2021’s ‘post-Covid’ boom, experts suggest June’s industry insights and the latest analysis from commentators at Barbour ABI and Glenigan show ongoing fluctuation in activity. The outlook for the construction industry remains the same as it has for much of 2022, showing altogether more settled activity […]

Industry Insights – Q1 2022

Elland Steel logo on top of building site

Encouraging figures point to a stable year ahead for the construction industry The construction industry has enjoyed a steady start to 2022, with encouraging output figures being reported by sector commentators.   Both national and industry data – from the ONS, Barbour ABI and Glenigan – point to the year ahead offering more predictability and […]