Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

Construction product manufacturing hits 'new low'

Activity in the construction product manufacturing sector has hit a “new low”, according to Construction Products Association statistics. By Ben Cook.

In its fourth quarter construction activity barometer, the CPA said manufacturers were experiencing the “worst conditions” since its survey began four years ago.

The barometer, an index that ranks manufacturers prospects, stood at 13 – a figure of 50 represents no change.

This represents a sharp contrast to the 2007 index when a figure of 80 was recorded.

Meanwhile, manufacturers are even more pessimistic about their future prospects, with a figure of 7 representing expected sales in the next quarter.

Heavy side manufacturers have been hardest hit by the recent decline in housing starts and the slowdown in the commercial sector. The barometer for heavy side manufacturers in this quarter stands at just 3, with virtually all such manufacturers reporting that sales have fallen over the last quarter.

Light side manufacturers have also endured falls in sales – though not to the same extent as heavy side manufacturers – with the barometer showing a figure of 24.

Related Jobs