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CPA release Construction Trade Survey for Q4 2017
The CPA have released their Construction Trade Survey for Q4. Login to the SPRA members area to read more.
Key survey findings include:
On balance, 22% of main building contractors reported that construction output rose in the fourth quarter of 2017 compared with a year ago
One-third of specialist contractors reported a rise in output during Q4
4% of civil engineers, on balance, reported a decrease in workloads during Q4
On balance, 20% of SME contractors reported increased workloads in Q4 compared to three months earlier
Main contractors reported that order books were lower in industrial, commercial and public non-housing
10% of civil engineering firms reported a decrease in new orders in Q4, on balance
15% of SMEs and half of specialist contractors reported an increase in enquiries in Q4, on balance
Overall costs increased for 82% of civil engineering contractors, whilst 82% of main contractors, 87% of heavy side manufacturers and 91% of light side manufacturers reported raw materials costs rose in Q4
17% of main contractors and specialist contractors reported a fall in profit margins in Q4
Source: CPA
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