Cement News tagged under: Construction Products Association
UK: new orders in construction fall to lowest in three years13 September 2017, Published under Cement NewsConstruction output in the UK during July fell by 0.9 per cent and was 0.4 per cent lower compared with one year earlier, latest figures from the country's Office of National Statistics (ONS) reveal. In addition, new orders in the second quarter declined 7.8 per cent and fell 12.6 per cent on an annual basis, the Construction Products Association (CPA) highlighted. Rebecca Larkin, senior economist at the CPA, commented that the data from the ONS confirms that alongside a 1.3 per cent contr... |
UK construction industry growth slows09 August 2017, Published under Cement NewsGrowth prospects for the UK's construction industry in 2018 have been downgraded as the country prepares to leave the EU, according to the latest forecasts by the Construction Products Association (CPA). Output is expected to soften as a slowing economy, falling real wages and rising costs adversely affect the industry, growth for 2018 is therefore only expected to rise by 0.7 per cent, the slowest in six years, and a downward revision from 1.2 per cent in previous forecasts. For now, acti... |
Construction product manufacturers pessimistic of growth12 July 2017, Published under Cement NewsThe UK’s Construction Products Association's State of Trade Survey for 2Q17 reveals that UK construction product manufacturers experienced growth in sales and activity for the 17th consecutive quarter, but higher input costs and rising uncertainty has dampened manufacturers’ views for the near-term future. Results of the survey showed that among heavyside manufacturers, only seven per cent anticipated a rise in sales in the next quarter, a decline from the 68 per cent who anticipated a ris... |
UK construction industry challenges16 June 2017, Published under Cement NewsWith Brexit, the process of the UK's withdrawal from the EU, causing widespread uncertainty for the UK economy, the results of the country's general election last week have added an extra level of instability for the construction industry. Despite concerns over the Brexit effect and buoyed by better-than-expected GDP growth, the UK government has been pressing ahead with a number of significant infrastructure projects, including the first nuclear reactor to be b uilt in Britain in two dec... |
CPA: UK construction industry beats post-Brexit expectations19 April 2017, Published under Cement NewsActivity in the UK construction industry is rising at a faster pace following the EU referendum than initially expected, according to the latest forecasts by the Construction Products Association (CPA). Construction output is expected to rise each year between 2017-19, by 1.3 per cent in 2017, 1.2 per cent in 2018 and 2.3 per cent in 2019. The CPA highlights that while the figures may fuel hope of a resilient UK construction industry amid Brexit-related anxieties and rising costs, the grow... |
CPA: UK construction output falls in January, new orders indicate 2016 growth15 March 2016, Published under Cement NewsFigures published by the UK's Office of National Statistics (ONS) show construction output in January fell by 0.2 per cent and by 0.8 per cent compared with one year earlier. In addition, the ONS orders data indicate that construction new orders in 4Q were 0.5 per cent lower than Q3 but 1.4 per cent higher than a year ago. Professor Noble Francis, economics director at the Construction Products Association, commented: “The fall in the ONS’s construction output in January was disappointing ... |
CPA: construction fundamentals remain positive01 February 2016, Published under Cement NewsUK construction output was marginally weaker in the final three months of 2015, but the Construction Products Association (CPA) believes the key fundamentals remain positive. On 28 January the UK's Office of National Statistics reported that GDP rose by 0.5 per cent. Within this, construction output was down by 0.1 per cent, its second consecutive quarterly fall following the third quarter’s 1.9 per cent decline. GDP rose by 0.5 per cent. Within this, construction output was marginally... |
CPA: ONS construction figures highlight growth in private housing but sharp falls in public housing15 December 2015, Published under Cement NewsLatest figures from the UK’s Office of National Statistics (ONS) state that total construction output rose by 0.2 per cent in October compared with September and was one per cent higher than a year ago. The Construction Products Association (CPA) underlined that these figures, released on Friday, clearly highlight the rise in private housing and the sharp fall in public housing. Dr Noble Francis, Economics Director of the CPA, commented: “After the slowdown in construction activity in Q3, ... |
CPA survey indicates construction product sales up in second quarter, UK17 July 2015, Published under Cement NewsThe Construction Products Association's (CPA) latest State of Trade Survey for the second quarter of 2015 indicates construction product manufacturers’ sales increased for a ninth consecutive quarter, driven by growth in all key areas of the UK construction market, together with a rise in export demand. Key points include: • A balance of 78 per cent of heavy side firms and 73 per cent of light side firms reported that sales rose during the second quarter of 2015, compared to a year earli... |
CPA responds to government's Summer Budget announcement09 July 2015, Published under Cement NewsThe Construction Products Association (CPA) welcomed the government's 2015 Summer Budget Statement announced yesterday, which backs British manufacturers and industry. Dr Diana Montgomery, Chief Executive of the Association said: “we were pleased by plans – that were in line with our recommendations – of the permanent setting of the annual investment allowance of GBP200,000 from January 2016. This will offer industry confidence in the long-term to invest in new innovative plant and machin... |