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October 30 2017 CPA News
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CPA State of Trade Survey – 2017 Q3
30/10/2017
The CPA’s State of Trade Survey for construction product manufacturing in the third quarter of 2017.
Please find attached the CPA’s State of Trade Survey for construction product manufacturing in the third quarter of 2017.
Key survey findings include:
· A balance of 10% of heavy side firms and 36% of light side firms reported that construction product sales rose in the third quarter of 2017 compared with the second quarter
· On an annual basis, sales rose for 30% of heavy side firms and 45% of firms on the light side, on balance
· On balance, 21% of heavy side manufacturers anticipated a fall in sales in Q4, decreasing from a balance of +7% in the previous quarter
· On the light side, no firms expected an increase in product sales in the next quarter, compared to a balance of 20% in Q1
· Annual cost increases were reported by 90% of manufacturers on the heavy side and the light side
· Raw materials costs rose according to 85% of heavy side manufacturers and 100% of those on the light side
· 78% of heavy side manufacturers and 67% of light side manufacturers anticipate a rise in costs over the next year.
Kind regards,
Rebecca
Rebecca Larkin
Senior Economist
The Building Centre
26 Store Street
London, WC1E 7BT
Tel: 020 7323 3770