The latest Plumbing & Heating Merchant Index (PHMI) report, published in May, shows total value sales through specialist Plumbing & Heating merchants were up +9.6% in Q1 2023 compared to… Read more
As our industry continues to digitalise, most businesses selling construction products understand the need for evolution, whether modernising processes or implementing new systems, as standing still is not an option…. Read more
The first quarter of 2023 can only be described as slow. Slow when we compare to “normal” for the start of the year (assuming we can remember far enough back… Read more
Monthly construction output is estimated to have increased +0.2% in volume terms, following an upwardly revised increase of +2.6% increase in February 2023 by the Office of National Statistics (ONS)…. Read more
Although demand has remained subdued with slowing new house building and the economic conditions putting pressure on the RM&I sector, sales are generally more robust than predicted at the end… Read more
It was a comparatively quiet start to 2023 with marginal economic growth, a slowdown in construction and subdued aggregate demand. Low consumer confidence and higher mortgage rates affected housebuilders’ expectations,… Read more
The quarterly nature of these updates demands a focus on the immediate, but this time I’m keen to discuss a bigger issue. One whose sheer scale doesn’t necessarily create tangible… Read more
In what was predicted to be a slower start to 2023, Q1 volumes were lower than the same period last year, in line with our forecast. More positively, we have… Read more
The first quarter of 2023 is down on the previous year, but it’s less than expected, remembering that the first half of 2022 was still in the post-Covid construction boom…. Read more
With energy prices still at record highs and only weeks to go before Government support for home energy bills is lowered, new figures from a YouGov survey of homeowners, commissioned… 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.
