The sales of construction products have increased in the last three months, exceeding manufacturers’ expectations. Figures from the Construction Products Association’s (CPA) activity barometer survey show a score of 68, well above the 50 ‘no change’ mark.
This increase comes on the back of a relatively stagnant period during the first half of the year and after a decline in output in 2005. CPA economics director Allan Wilen, says: “Sales of light side products are leading the upturn, as firms who supply DIY and consumer related products report a recovery in sales in July. Encouragingly, heavy side manufacturers have also reported a marked improvement, albeit against a poor third quarter in 2005.”
However, the CPA also highlights the pressure on construction costs due to escalating energy prices. Manufacturers have experienced a 37% increase in gas prices and 42% on electricity over the last 12 months.
Source
Electrical and Mechanical Contractor
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