Tag Archives: Construction Products Association

Increase in the demand for building products according to the Construction Products association survey

The state of trade survey for the second quarter of 2015 has been put together by the Construction Products Association and indicates that sales of construction product manufacturers have now risen for nine consecutive quarters.

Increase in the demand for building products according to the Construction Products association survey

According to the report, growth appears to be being driven by all key areas of the UK construction market, together with a rise in export demand.

Underpinned by a comprehensive survey of CPA Members, the CPA Trade Survey provides timely analysis of current trends in the construction products manufacturing sector and an assessment of likely trading conditions going forward.

In addition to sales, the report includes analysis of trend in employment, cost inflation, capacity utilisation and international trade. Furthermore, it distinguishes between the experience of manufacturers of heavy side products, typically used in the early stages of the construction process, and light side firms, producing products used internally and at a later stage in the build.

The report subtracted those who reported a decline in sales from those with rising sales results in a net balance of 78% of heavy side firms and 73% of light side firms reporting Q2 sales growth compared to a year earlier. A balance of 78% of heavy side product manufacturers and 50% of light side product manufacturers reported that they anticipate a further rise in sales over the coming year.

The report also shows a 20% increase for exports from heavy side firms and 40% from light side firms, with a combined 61% anticipating a rise in exports over the next year. Continue reading

Construction Industry expected to grow up to 2018

According to a report published by the Construction Products Association, construction output is forecast to grow 4.7% in 2014 and a further 4.8% in 2015, providing an additional £11 billion of activity to the UK economy in just two years.

Construction Industry expected to grow up to 2018

The primary driver of growth in construction during 2013 was the £17.1 billion private housing sector. It is also the sector that has received the most effective intervention from policy makers. The direct impact of Help to Buy part one has been muted but the indirect impact on the housing market has been considerable.

Effective demand rose, through rises in mortgage lending, and private starts in Britain rose by 21.0% in 2013. Further growth of 18.0% in private starts is anticipated in 2014 with 10.0% growth in 2015 before post-election uncertainty regarding the future of Help to Buy Part One is reflected in more subdued growth.

Key Points Include:

  • Construction output to grow 4.7% in 2014 and 4.8% in 2015
  • Private housing starts to rise 18.0% in 2014 and 10.0% in 2015
  • Commercial offices output to grow 10.0% in 2014 and 8.0% in 2015
  • Industrial warehouses construction to rise 20.0% in 2014 and 10.0% in 2015
  • Education construction to rise 2.2% in 2014 after three years of consecutive falls
  • Health construction to fall, the sixth consecutive year of falls, due to lack of PFI work

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