Brickonomics

CIPS: construction still the sick man of the UK economy

There is nothing remarkable about the latest CIPS construction survey other than the comments, which are somewhat more guarded than those that accompanied last month's data. It found workload in the industry still falling on its measure which registered 47.7...

Posted by Brian on September 2, 2009 10:18 AM

5 reasons why we might be facing the mother of all construction recessions

It's coming around to the construction forecasting season again and the industry prognosticators will be gathering to discuss the ups and downs of the industry. If I were you, I'd be bracing myself for some pretty savage revisions to what...

Posted by Brian on June 16, 2009 2:50 PM

Experian cuts forecast for construction growth but predicts a boom in infrastructure

With the release of the heavily downgraded forecast from the Construction Products Association released this morning I was keen to see how the forecasters at Experian saw future workload in the industry this time around. The answer is that they...

Posted by Brian on January 12, 2009 5:17 PM

Construction industry ends 2008 on a record low

Happy New Year, or is it? The first piece of hard data on performance of the construction industry we get and it is a "new" record low for the Purchasing Managers' Index compiled for the buyers' body CIPS. The overall...

Posted by Brian on January 5, 2009 10:48 AM

Construction is sinking deeper into recession

The latest construction survey from the buyers' body CIPS finds the industry plunging to new depths with civils and commercial work rapidly following the path led by the house builders. The Purchasing Managers' Index for November reached a series low...

Posted by Brian on December 2, 2008 10:20 AM

Development slowdown hits small civils firms

The latest survey from the civils trade body CECA into the performance and prospects of its members very much reflects the pressures on the building sector, where housing and commercial building work is being squeezed by the effects of the...

Posted by Brian on May 28, 2008 3:34 PM