Housing - Stakeholder - Gateley Vinden

Steady as she goes

The latest IHS Markit/CIPS UK Construction PMI® figures have been released for December.

The seasonally adjusted IHS Markit/CIPS UK Construction Purchasing Managers’ Index® (PMI®) posted 52.2 in December, down from 53.1 in November but above the 50.0 no-change threshold for the third month running.

As a result, the latest reading signals a moderate expansion of overall construction output at the end of 2017. While recovery remains uneven, the strong residential market is bolstering the industry against losses in the commercial sector.

New order levels have also risen, reaching a seven month high, which in turn is leading to the strongest job creation levels since June 2017. In contrast, work is falling on commercial projects and civil engineering output has not moved for the last quarter.

While a sharp rate of input price inflation continued in December, and intense supply chain pressures remain, across the industry.

Respondents to the survey indicate that house building is a key engine of growth, supported by government backing in the sector, seeing 16 consecutive months of growth.

Speaking to respondents, researchers found that house building remains a key engine of growth, with government focus on the sector helping to drive residential work into its 16th consecutive month of growth. This has also led to a rise in new construction projects, with new orders growing the fastest since May 2017.

Looking the other way, commercial work has seen falling figures since July, while civil engineering work has stabilised, ending a three-month period of decline.

Peter Vinden, Managing Director of The Vinden Partnership – a leading multi-disciplinary consultant company to the built environment, said: “The latest PMI® figures show the resilience of the construction industry. Navigating a tricky 2017, both politically and economically, there were bound to be some blows, however, industry support through the government housing drive is helping it see new shores.

“Clients are more willing to commit to projects, which in turn is leading to a growth in employment.

“However, price rises in products are a hangover of Brexit, which is set to continue throughout 2018, as well as the continued rises in the cost of imported products.

“2018 is set to continue the trend, with subdued confidence across the sector, belying the climate of continued uncertainty.”



Contact Us

Gateley Vinden

Regent House

Folds Point

Folds Road




Bolton – Telephone: 01204 362888

Nottingham - Telephone: 0115 947 5334

London – Telephone: 0845 504 9733


  • 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
    [email protected]