August builders’ merchants’ sales were strong, with little evidence of predicted post-Brexit blues, reports The Builders Merchant Building Index (BMBI).
BMBI is produced for the Builders Merchant Federation (BMF) using GfK’s ‘gold standard’ Builders Merchant Panel data.
Total Builders Merchant August sales were 13.1% up on the same month in 2015, boosted by two additional trading days. Four categories did better, including Landscaping (+19.2%) and Heavy Building Materials (+14.1%), the largest category. Two categories achieved their highest sales in the last 12 months, Ironmongery (+14.0%) and Timber Sheet & Joinery Products (+11.8%), the second-largest category.
Without the two extra trading days, total sales per day in August were 2.8% up year on year.
Compared with July, August was up 2.3% helped by one additional trading day.
Total sales in the three months June to August were 1.6% higher than in March to May, although taking the three additional trading days into account, average sales per day were 3.1% lower. Timber Sheet & Joinery Products was strongest (+3.1%) and Plumbing Heating & Electrical weakest (-6.1%).
“The Roof Window market, which is included in Timber Sheet & Joinery Products, has not been affected by the EU Referendum,” comments John Duffin, MD of Keylite Roof Windows. John is BMBI’s Expert for Roof Windows. “The population is growing fast and families need more living space, so there is both pent-up and new demand for housing and the space to live in comfort. Large house builders are talking about substantial increases in 2017 build programs and beyond. A stable political scene and low interest rates should reinforce consumer confidence to borrow and buy.”
We’re surprised by the ONS construction output figures for August (-1.5%) as they don’t reflect what we see happening in the building materials industry. BMBI figures are actual sales, not estimates, and account for over 80% of the volume of the sector.
John Newcomb, Managing Director BMF commented that there is lots of speculation on the impact of Brexit on construction, but sales were up over 13% in August, and shows that our industry is in robust health.
t: 01453 521 621
e: [email protected]
A five-year partnership between industry and academia has resulted in a ground-breaking diagnostic tool, the Building Moisture Index from the Property Care Association (PCA).Posted in Articles, Building Associations & Institutes, Building Industry News, Building Products & Structures, Building Services, Damp & Waterproofing, Facility Management & Building Services, Health & Safety, Innovations & New Products, Video of the Week
Clyde Radiators, specialist in bespoke heating solutions, has relaunched its website to make it simpler than ever for customers to obtain quotes and specifications for any residential or commercial project.Posted in Articles, Building Industry News, Building Services, Heating Systems, Controls and Management, Heating, Ventilation and Air Conditioning - HVAC, Information Technology, Innovations & New Products, Plumbing, Posts
Pop Up Power Supplies®’ range is used extensively by local authorities, city centre managers and shopping centre operators nationwide.Posted in Articles, Building Industry News, Building Services, Facility Management & Building Services, Heating Systems, Controls and Management, Heating, Ventilation and Air Conditioning - HVAC, news, Site Preparation
When it comes to doorsets and ironmongery, using applications such as Openings Studio™, from ASSA ABLOY Project Specification Group, can truly unlock the potential of BIM.Posted in Architectural Ironmongery, Articles, BIM, Infrastructure & CAD Software, Building Industry News, Building Products & Structures, Doors, Facility Management & Building Services, Information Technology, Innovations & New Products