BMBI

BMBI: November merchant sales show pre-election dip

  • 29 Jan 2020

Total Builders’ Merchants’ value sales to builders and contractors in November 2019 were down -7.4%, compared with the same month in 2018. On one less trading day, average sales a day dropped -3.0%.

The following categories were particularly affected: Tools (-12.7%), Timber & Joinery (-9.6%), Ironmongery (-8.0%), Heavy Building Materials (-7.9%) and Landscaping (-7.4%).

The best performing sectors in November 2019 compared with the same period in 2018 were Renewables & Water Saving (+5.3%) and Workwear & Safetywear (+3.7%).

Month-on-month, November’s sales were down -10.0% compared with October 2019. All product categories experienced lower sales over the period. However, when adjusted for two less trading days in November, the drop was less severe at -1.4%.

November’s BMBI index was 113.4, with Plumbing, Heating & Electrical the highest at 134.6. The index for Heavy Building Materials was 112.2.

BMBI

Derrick McFarland, MD for Keystone Lintels and BMBI’s Expert for Steel Lintels, commented: “The seasonally adjusted CIPS UK Construction total activity index rose to 50 in December, a small increase from 49.3 in November. Looking ahead however, UK construction firms are mildly optimistic that volumes will improve through 2020.

“Although we have a majority in parliament, the questions remain. Will the Government put out the Brexit fire or continue to pour fuel on its constant flame? Will the 31st January 2020 end this nightmare, or will it get kicked down the road once more? This all suggests a subdued year ahead.

“Once again we set plans in place to support our loyal customers after the end of January 2020 with a substantial stock of raw material and finished goods in the United Kingdom. By questionable fortune, we are now well-practised in this task.

“Looking positively, enquiry levels are fairly strong, the demand for housing hasn’t gone away, and mortgage rates are still low. Such low mortgage rates combined with modest wage inflation and softening house prices could be a good deal for buyers.

“But, to maintain our build programmes and supply a market that starts moving again, we believe that continuing access to EU labour and skills will be critical.”

BMBI Experts speak exclusively for their markets, explaining trends, issues and opportunities. For the latest reports, Expert comments and Round Table videos, visit www.bmbi.co.uk

Visit the BMBI website

Follow @TheBMBI

t: 01453 521 621
e: [email protected]

Leave a Reply

Latest news

Axion

Axion Polymers renews ISO 9001 certification and gains new H & S standard

Axion Polymers has successfully renewed its current ISO management system certification and gained the new enhanced ISO45001 Health and Safety standard at its two Manchester materials recycling sites.

Posted in Articles, Building Industry News, Building Regulations & Accreditations, Building Services, Posts, Site Preparation, Sustainability & Energy Efficiency, Waste Management & Recycling

REHAU

Underfloor heating and smart control questions answered by REHAU

Contractors must be prepared for the growing popularity of smart control technology in residential and commercial building heating systems, according to a new downloadable guide from polymer specialists REHAU.

Posted in Articles, Building Industry News, Building Services, Floors, Heating Systems, Controls and Management, Heating, Ventilation and Air Conditioning - HVAC, Information Technology, Innovations & New Products, Plumbing, Posts, Publications

Encasement

Building services concealed by Encasement at new Bedfordshire University STEM labs

The University of Bedfordshire’s new four-storey science, technology, engineering and mathematics (STEM) building features 80 Forma decorative casings from Encasement.

Posted in Aluminium Products, Articles, Building Industry News, Building Products & Structures, Building Systems, Canopies, Entrances & Column Casings, Case Studies, Interior Design & Construction, Interiors, Posts, Restoration & Refurbishment, Retrofit & Renovation, Walls

GGF

GGF concern over Green Scheme scam reports

Following the Government’s announcement of the Green Homes Grant Scheme, the Glass and Glazing Federation (GGF) has received several reports of rogue companies trying to scam homeowners. 

Posted in Articles, Building Associations & Institutes, Building Industry News, Building Products & Structures, Glass, Glazing, news, Posts, Sustainability & Energy Efficiency, Windows