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Construction Pulse

Construction Pulse

April 2021

Key Points

  • Construction Pulse up in April
  • Three in ten firms expect to increase basic pay over the next 12 months
  • 51% have ambitions to grow their business in the next 1 to 3 years

Construction Pulse

April 2021

Construction Pulse

April 2021

90.1

+12.7 on previous index reading

Construction Pulse

April 2021

Building Activity

Past 3 Months

Shape Created with Sketch. 19%
30%
52%

Balance -33%

(+18 on previous reading)

Construction Pulse

April 2021

Building Activity

Next 3 Months

Shape Created with Sketch. 64%
31%
6%

Balance +58%

(+19 on previous reading)

Construction Pulse

April 2021

Jobs

Past 3 Months

Shape Created with Sketch. 5%
84%
11%

Balance -6%

(+5 on previous reading)

Construction Pulse

April 2021

Jobs

Next 3 Months

Shape Created with Sketch. 25%
73%
2%

Balance +23%

(+7 on previous reading)

Construction Pulse

April 2021

Input Costs Excluding Labour

Past 3 Months

Shape Created with Sketch. 62%
29%
10%

Balance +52%

(-8 on previous reading)

Construction Pulse

April 2021

Selling Prices

Next 3 Months

Shape Created with Sketch. 51%
49%
0%

Balance +51%

(+10 on previous reading)

Construction Pulse

April 2021

Pay Intentions

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 4% 9%
2% to 4% 17%
< 2% 3%
Stay more or less the same
70%
Decrease
< 2% 0%
2% to 4% 1%
> 4% 0%

Construction Pulse

April 2021

Business Ambitions

Next 1 to 3 years

51% growth trajectory
49% less ambitious

17%Confident, actively pursuing opportunities

39%Prefer to stay same size

35%Plan to grow but remain cautious

10%Intend to scale down