A challenging landscape lies ahead in 2024 for our industry once again as the ongoing subdued economic backdrop continues to dent consumer confidence. Operating costs in conjunction with fixed price… Read more
Reflecting on 2023, the headlines for Q1 reads: ‘The first quarter of 2023 is down on the previous year’; Q2’s reads ‘The second quarter of 2023 delivered no excitement and… Read more
What will happen to the window and door industry in 2024? It’s easy to get depressed by bad news and talk the market down. But if you look there’s also… Read more
Last year closed with the newbuilding sector still sluggish. Operators in the brick and tile sector remain cautious for 2024 however with interest rates flatlining and inflation reducing since September,… Read more
Despite economists previously forecasting weak growth for the construction sector in 2024, it’s now predicted that we’ll have to wait until 2025 for a rebound of 2%. The bad weather… Read more
Twenty twenty-three ended much as we would have expected for a normal Q4, with seasonal trade patterns returning. Despite last year having its challenges, the mood in the industry seemed… Read more
As we look into the macroeconomic landscape, there’s a palpable sense of optimism brewing as the trajectory appears to be one of improvement for the future. We witness lower inflation… Read more
The latest Plumbing & Heating Merchant Index (PHMI) report, published in February, shows Q4 2023 total value sales through specialist Plumbing & Heating merchants were flat (+0.4%), compared with Q4… Read more
The latest Builders Merchant Building Index (BMBI) report reveals builders’ merchants’ value sales in Q4 2023 were -5.7% down compared to Q4 2022, with volume sales falling -12.0% and prices… Read more
The Office for National Statistics published estimates of construction output for December 2023 this morning. The Office for National Statistics published estimates of construction output for December 2023 this morning…. Read more
Launched in 2015, the award winning monthly Builders Merchant Building Index (BMBI) report is the only reliable measure of repair, maintenance & improvement (RMI) activity in the UK. Filling an important gap, it can be widely used in construction, and by economists, Government, national media, commentators and influencers outside the industry.
