+0.6 on previous index reading
Key Points
- Construction Pulse up in July
- Two in five 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
Construction Pulse
Construction Pulse
July 2019
94.0
Construction Pulse
Building Activity
Past 3 Months
27%
59%
13%
Balance +14%
(-6 on previous reading)
Construction Pulse
Building Activity
Next 3 Months
40%
55%
5%
Balance +35%
(-2 on previous reading)
Construction Pulse
Jobs
Past 3 Months
20%
73%
8%
Balance +12%
(+9 on previous reading)
Construction Pulse
Jobs
Next 3 Months
20%
76%
4%
Balance +15%
(-1 on previous reading)
Construction Pulse
Input Costs Excluding Labour
Past 3 Months
56%
44%
0%
Balance +56%
(-7 on previous reading)
Construction Pulse
Selling Prices
Next 3 Months
35%
64%
1%
Balance +34%
(-3 on previous reading)
Construction Pulse
Pay Intentions
Next 12 Months
Change ResponseIncrease
| > 4% | 10% |
| 2% to 4% | 29% |
| < 2% | 2% |
Stay more or less the same
58%
Decrease
| < 2% | 1% |
| 2% to 4% | 0% |
| > 4% | 0% |
Construction Pulse
Business Ambitions
Next 1 to 3 years
51% growth trajectory
49% less ambitious
11%Confident, actively pursuing opportunities
37%Prefer to stay same size
39%Plan to grow but remain cautious
12%Intend to scale down