Howard Chapman, Buildingtalk Editor, looks at the latest construction PMI report of a return to growth in the UK Construction industry.
According to the latest Markit/CIPS UK Construction Purchasing Managers’ Index (PMI), the UK construction industry reached a better than expected eight-month high in November. However, costs are growing at the fastest pace since 2011, fuelled by the post Brexit vote drop in sterling.
Companies also reported the resumption of some major projects delayed after the Brexit vote and construction jobs growth hit a six-month high. There are concerns about the build-up of inflationary pressures, uncertainties over the long term impact of Brexit, and problems created by the skills shortage in the UK.
Bloomberg reported that though construction activity in the UK grew, companies warned that rising costs are squeezing their profit margins.
The PMI index rise last month was underpinned by increased commercial and civil engineering work as well as growth in house building. Tim Moore, a senior economist at Markit said “UK construction companies experienced a steady recovery in business activity during November, which continues the rebound from the downturn seen over the third quarter of 2016”.
Gilberts is enabling data centre architects and constructors to face the challenge of delivering a sustainable ventilation strategy.
Posted in Air Conditioning, Articles, Building Industry News, Building Products & Structures, Building Services, Facades, Facility Management & Building Services, Heating, Ventilation and Air Conditioning - HVAC, Information Technology, Restoration & Refurbishment, Retrofit & Renovation, Sustainability & Energy Efficiency, WallsThe Delta Pumps and Basement Drainage Distribution Hub is home to Delta’s in-house fabrication team.
Posted in Articles, Building Industry News, Building Products & Structures, Building Services, Damp & Waterproofing, Drainage, Drainage Services, Drainage, Guttering, Soffits & Fascias, Facility Management & Building Services, Membranes, Pipes, Pipes & Fittings, Plumbing, Research & Materials Testing, Restoration & Refurbishment, Retrofit & Renovation, WallsVortice, a leading manufacturer of ventilation solutions, proudly announces the launch of its newest addition to the Punto Filo domestic fan range: the sleek 4” black bathroom fan.
Posted in Air Conditioning, Articles, Bathrooms, Bedrooms & Washrooms, Building Industry News, Building Products & Structures, Building Services, Facility Management & Building Services, Heating, Ventilation and Air Conditioning - HVAC, Innovations & New Products, Interiors, Restoration & Refurbishment, Retrofit & RenovationPower tool manufacturer Makita has added a new battery powered wheelbarrow to its extensive LXT outdoor power equipment range.
Posted in Articles, Building Industry News, Building Products & Structures, Garden, Hand Tools, Innovations & New Products, Plant, Equipment and Hire, Power Tools, Restoration & Refurbishment, Retrofit & Renovation, Site Preparation