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Construction Pulse

Construction Pulse

January 2019

Key Points

  • Construction Pulse broadly unchanged in January
  • One in three firms expect to increase basic pay over the coming year
  • 52% have ambitions to grow their business in the next 1 to 3 years

Construction Pulse

January 2019

Construction Pulse

January 2019

102.9

+0.4 on previous index reading

Construction Pulse

January 2019

Building Activity

Past 3 Months

Shape Created with Sketch. 44%
46%
10%

Balance +34%

(-1 on previous reading)

Construction Pulse

January 2019

Building Activity

Next 3 Months

Shape Created with Sketch. 44%
53%
3%

Balance +41%

(+8 on previous reading)

Construction Pulse

January 2019

Jobs

Past 3 Months

Shape Created with Sketch. 13%
82%
6%

Balance +7%

(-3 on previous reading)

Construction Pulse

January 2019

Jobs

Next 3 Months

Shape Created with Sketch. 21%
78%
1%

Balance +20%

(-3 on previous reading)

Construction Pulse

January 2019

Input Costs Excluding Labour

Past 3 Months

Shape Created with Sketch. 57%
42%
1%

Balance +56%

(-6 on previous reading)

Construction Pulse

January 2019

Selling Prices

Next 3 Months

Shape Created with Sketch. 49%
50%
1%

Balance +48%

(+4 on previous reading)

Construction Pulse

January 2019

Pay Intentions

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 4% 13%
2% to 4% 20%
< 2% 2%
Stay more or less the same
65%
Decrease
< 2% 0%
2% to 4% 0%
> 4% 0%

Construction Pulse

January 2019

Business Ambitions

Next 1 to 3 years

52% growth trajectory
48% less ambitious

14%Confident, actively pursuing opportunities

40%Prefer to stay same size

38%Plan to grow but remain cautious

8%Intend to scale down