The true extent of the slowdown in building activity was revealed when it was reported that new home registrations were down 42% in Q2 compared to the same period last… Read more
After a sluggish start to the year, Q2 sales were better than expected, and we saw a return to pre-Covid levels. The market was positively buoyant as better weather and… Read more
Q2 2023 has continued in much the same vein as Q1, with a softening of demand for wood products and a fall in prices, which have finally bottomed out after… 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
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.
