Finance & Legislation - Stakeholder - Gateley Vinden


Green shoots showing for Construction

The latest IHS Markit/CIPS Construction PMI figures have been released, showing a resurgence to growth for the industry.

With ‘The Beast from the East’ causing wide-spread disruption in March, leading to a dip in activity, April has seen the sector recover to with activity rising at the fastest pace for five months.

April has recorded a figure of 52.5, a sharp rise from the 20-month low seen in March at 47.0, and leads to a more confident atmosphere for the rest of 2018, with the reading the highest since November 2017.

House building is expanding at the strongest rate, with residential work reaching a high not seen since May 2017, while new orders have also increase slightly.

However, there were signs that underlying demand across the construction sector remained subdued, with total new work rising only marginally in April. The increase in new business was the first recorded by the survey so far in 2018.

Peter Vinden, Managing Director of the Vinden Partnership said: “Spring is showing green shoots of recovery for the construction industry. The change is weather has led to more starts on site as the snow cleared and the industry is enjoying April showers and sunshine.

“House building is leading the way in recovery, supported by robust government commitments; growth in April has been amongst the strongest seen over the past two-and-a-half years.

“While the recovery is fledgling, worries continue over economic uncertainty and Brexit holding back construction growth. New projects is not as strong as anticipated and this could be down to clients playing the waiting game on political outcomes.”

Contact Us

Gateley Vinden

Regent House

Folds Point

Folds Road

Bolton

Lancashire

BL1 2RZ

Bolton – Telephone: 01204 362888

Nottingham - Telephone: 0115 947 5334

London – Telephone: 0845 504 9733

www.gateleyvinden.com

 twitterfacebooklinkedin
  • UK Construction Online’s Stakeholder page offers you the chance to find and learn about the leading companies in the UK Construction Industry.

    Featuring the very best suppliers and operators in the sector our stakeholder’s pages offer detailed information about the company, their latest case studies and press releases, plus products and services and testimonials.

    We work with our stakeholders to constantly update and maintain this database to ensure that the information is relevant and helpful for those looking to source premium quality companies in the UK construction market.

    You can ‘View all Stakeholders’ or use the drop down menus to find specific stakeholders via their company name or by sector.

    Join the Fastest Growing Community for Construction

    UK Construction Online's Stakeholder package quickly connects your company to our vast audience of over 250,000 visitors a month.

    View our latest Alexa ranking:

    What is a Stakeholder?

    A stakeholder is a Mircosite that has the power to highlight a product or service, launch a promotion, or promote brand awareness to the construction industry in a way that full websites or more traditional marketing cannot.

    All stakeholders have the ability to have their latest press releases and case studies promoted across the UK Construction Online platform. UK Construction Online is updated daily, with the latest news across all sectors within the construction industry and all stakeholders are promoted on both social media and to a mailing list of over 122,000 subscribers.

    UK Construction Media
    0800 6127680
    enquiries@promarkmedia.co.uk