Amy Chouvin’s Post

🚧 Construction Industry Rebounds! 🚧 Exciting news for the UK construction sector! In May, construction output jumped by 1.9% after three months of decline, driven by a 2.7% rise in new work and a 0.8% increase in repair and maintenance. Both private and public housing saw a 2.8% growth, and infrastructure projects rose by 3.5%. Industry leaders highlight that confidence is returning, though stability is key for sustained growth. 📈 Hopefully this growth will continue and we will start to see some difference in the market, especially the Residential sector. Do you think it is going to continue to increase? To read more, click the link in the comments below ⬇️🔗. #Construction #Growth #IndustryNews

🚧 Construction Industry Rebounds! 🚧 Exciting news for the UK construction sector! In May, construction output jumped by 1.9% after three months of decline, driven by a 2.7% rise in new work and a 0.8% increase in repair and maintenance. Both private and public housing saw a 2.8% growth, and infrastructure projects rose by 3.5%. Industry leaders highlight that confidence is returning, though stability is key for sustained growth. 📈 Do you think it is going to continue to increase? To read more, click the link in the comments below ⬇️🔗. #Construction #Growth #IndustryNews

🚧 Construction Industry Rebounds! 🚧 Exciting news for the UK construction sector! In May, construction output jumped by 1.9% after three months of decline, driven by a 2.7% rise in new work and a 0.8% increase in repair and maintenance. Both private and public housing saw a 2.8% growth, and infrastructure projects rose by 3.5%. Industry leaders highlight that confidence is returning, though stability is key for sustained growth. 📈 Do you think it is going to continue to increase? To read more, click the link in the comments below ⬇️🔗. #Construction #Growth #IndustryNews

✨Interesting insight on the UK Construction Market ✨ As we all know there are up and downs in every industry. Some interesting insight from the Article below stating that the construction industry has been experiencing a slight decline in the month of July, following two consecutive months of growth. While the overall decrease was modest, it was notable that five out of nine sectors saw a decline in output, particularly in private commercial new work and private housing repair and maintenance. Despite this, the industry seems to remain optimistic about the medium-term outlook due to government announcements and positive three-month growth figures. How do you think the industry will change as we get closer to the end of 2024? #Construction #Constructionrecruitment #2024 #salesstrategy https://lnkd.in/dSKK27B4

🚧🏗️ A Brighter Future for UK Construction: Turning Challenges into Opportunities 🏗️🚧 The UK construction industry has certainly faced its share of challenges in recent years, from COVID-19 to Brexit, and more recently, supply chain disruptions. But beneath the surface of these difficulties lies an industry that’s adapting, innovating, and positioning itself for a stronger future. While the rise in raw material costs and supply chain issues have caused some delays and affected profitability, construction firms are finding new ways to overcome these hurdles. By embracing digital solutions, revisiting procurement strategies, and investing in innovative approaches, companies are paving the way for a more efficient and resilient sector. The skills shortage, which has been a concern for some time, is now sparking exciting developments in staff training and retention. Firms are recognising the value of upskilling their workforce and creating an environment where talent is nurtured and retained, ensuring that quality standards are met and deadlines are achieved. It’s clear that the future of the UK construction industry lies in its ability to innovate, adapt, and embrace change. As the industry continues to evolve, we can expect to see more creative solutions and a renewed focus on long-term sustainability and growth. What do you think are the most promising strategies the UK construction industry can adopt to build on its strengths and encourage more contract awards? Share your thoughts below! #UKConstruction #IndustryInnovation #BuildingTheFuture #ConstructionSuccess

📈 UK Construction Activity on the Rise: A Promising Start to Q3! The UK construction sector has kicked off the third quarter with a notable increase in activity. This growth is being driven by new project launches and heightened demand across various sectors, including residential and commercial construction. Despite ongoing economic challenges, the resilience and adaptability of the industry continue to shine through. For those of us in the building materials and construction industry, this is an encouraging sign. It’s a testament to the strength of our sector and our critical role in driving economic recovery and growth. Let’s keep this momentum going! What trends are you seeing in your region? How is your business adapting to these changes? #Construction #BuildingMaterials #EconomicGrowth #UKConstruction #IndustryTrends #Q3Growth #ProjectManagement #BusinessRecovery #Infrastructure #ConstructionGrowth #RealEstate #UrbanDevelopment #ConstructionInnovation #SustainableBuilding #ConstructionTech #PropertyDevelopment #Contractors #Builders #Engineering #ConstructionIndustry #UKEconomy #MarketTrends #ConstructionUpdate #SupplyChain #BuildingIndustry #ConstructionProjects #ProjectSuccess #GrowthOpportunities #Checkproof Read more: https://lnkd.in/d7tHCVt4

The UK construction industry faced a challenging October 🫤 https://lnkd.in/eUKCC9fB #ukconstruction #constructionindustry #economicrecovery #publicinvestment #innovation #futuregrowth #constructiontrends #economicoutlook #buildingstronger #constructionnews #industryresilience #constructionfuture #ukeconomy #constructionsector #positiveoutlook #constructioninnovation #growthhorizon #constructionprojects #economicchallenges #constructionrecovery #constructionadaptation #constructiontechnology #constructioninvestment #constructiongrowth #constructiondevelopment

🏗️ UK Construction: A Mixed Performance in October 2024 The latest ONS report shows UK construction output dipped 0.4% last month. While new work grew 0.2%, a 1.3% drop in repair and maintenance weighed on overall performance—especially in private housing repair, which fell 3.8%. Despite this, the three-month trend remains positive, with output rising 0.4%, driven by strong growth in new projects. Read our full summary below👇. #UKConstruction #ConstructionIndustry #ConstructionNews

The U.S. construction industry has faced tough times with costs jumping nearly 40% since February 2020 and ongoing labor shortages. A report from the Associated General Contractors of America suggests many contractors expect profits to shrink soon. Despite these challenges, the U.S. construction sector is showing strong resilience. Project starts rose by 6% in the first eight months of 2024, and nonresidential construction planning jumped 31% in August compared to last year. The U.S. still leads construction despite rising material costs and economic uncertainty. However, construction spending has grown over 41% since April 2020. Read more here: https://lnkd.in/gZmNHdCg #Construction #Trends #USConstruction #Contractors

#Construction output in the UK has continued to rise in the second quarter of the year. Learn more about the increase in activity and predictions for the months ahead: bit.ly/4cU0hh0 #constructionnews #constructionindustry