-1.5 on previous index reading
Key Points
- Construction Pulse down in July
- Over half of 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 2021
95.5
Construction Pulse
Building Activity
Past 3 Months
45%
42%
13%
Balance +32%
(+3 on previous reading)
Construction Pulse
Building Activity
Next 3 Months
44%
48%
7%
Balance +37%
(-7 on previous reading)
Construction Pulse
Jobs
Past 3 Months
12%
82%
6%
Balance +7%
(+2 on previous reading)
Construction Pulse
Jobs
Next 3 Months
25%
73%
2%
Balance +23%
(+7 on previous reading)
Construction Pulse
Input Costs Excluding Labour
Past 3 Months
89%
10%
1%
Balance +88%
(+1 on previous reading)
Construction Pulse
Selling Prices
Next 3 Months
75%
25%
0%
Balance +75%
(+2 on previous reading)
Construction Pulse
Pay Intentions
Next 12 Months
Change ResponseIncrease
| > 4% | 24% |
| 2% to 4% | 27% |
| < 2% | 6% |
Stay more or less the same
43%
Decrease
| < 2% | 0% |
| 2% to 4% | 0% |
| > 4% | 1% |
Construction Pulse
Business Ambitions
Next 1 to 3 years
51% growth trajectory
49% less ambitious
9%Confident, actively pursuing opportunities
37%Prefer to stay same size
42%Plan to grow but remain cautious
12%Intend to scale down