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Our latest quarterly survey results showing key indicators and predicted future short-term developments for small and medium-sized (SME) firms in the UK construction industry. Strong levels of consumer demand for repair and maintenance works saw builders report a busy summer.
The construction industry, which accounts for 9% of GDP and employs 2.7 million people across the UK will be instrumental for building the homes we need and the vital infrastructure that will underpin the UK’s success post-Brexit.
This year’s report shows that small house builders predict that skills shortages in the building industry will hamper housing delivery and will eventually overtake access to finance as a bigger barrier to building new homes.