Brickonomics

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• Growing evidence of double dip collapse for construction

  The latest round of trade survey data points to an ugly acceleration in the rate of collapse of workloads. Persistent sightings of green shoots over the late spring and summer now look to have been little more than a mirage. Read More... Posted Nov 03 2009, 11:21 AM by Brickonomics Filed under: Construction Products Association, construction output, CIPS, construction orders, Experian, NSCC, inquiries, BCIS, tender prices, double dip

• 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... Posted Sep 02 2009, 11:18 AM by Brickonomics Filed under: construction output, commercial sector, house building, CIPS, civils

• CIPS talk of optimism is baffling

  The CIPS appeared to be putting a rather positive spin on its July figures for construction activity on the back of a slowdown in the pace of decline and swelling optimism among its respondents. The press release reads: "Optimism about future activity... Posted Aug 04 2009, 11:43 AM by Brickonomics Filed under: construction output, house building, CIPS, construction orders, economy, optimism, pessimism

• CIPS construction index bounces back, but what does that mean?

  The latest survey by the buyers' body CIPS shows a remarkable bounce back in the broad construction index towards the magic 50 no-change mark. The index has risen from 30.9 in April to 38.1 in May and up to 45.9 in June. This will no doubt be taken... Posted Jun 02 2009, 01:16 PM by Brickonomics Filed under: construction industry, construction output, house building, CIPS, Home Builders Federation, John Stewart

• Contractors optimistic despite being trapped in mire of recession - says CIPS

  The buyers' body CIPS remained muted about the prospects for construction despite a slight lift in the construction industry. The main construction index published by CIPS rose to 30.9 for March up from a series low of 27.8 in February. That means... Posted Apr 02 2009, 12:38 PM by Brickonomics Filed under: construction industry, CIPS, green shoots, optimism, forecasts

• CIPS construction activity figures provide a reality check

  The construction survey results from the buyers' body CIPS should provide a reality check on those who believe talking up the industry will help. For those looking at the situation closely the disastrous figures for February should come as little... Posted Mar 03 2009, 02:20 PM by Brickonomics Filed under: construction industry, construction output, CIPS, recession