+0.4 on previous index reading
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
Construction Pulse
Construction Pulse
January 2019
102.9
Construction Pulse
Building Activity
Past 3 Months
44%
46%
10%
Balance +34%
(-1 on previous reading)
Construction Pulse
Building Activity
Next 3 Months
44%
53%
3%
Balance +41%
(+8 on previous reading)
Construction Pulse
Jobs
Past 3 Months
13%
82%
6%
Balance +7%
(-3 on previous reading)
Construction Pulse
Jobs
Next 3 Months
21%
78%
1%
Balance +20%
(-3 on previous reading)
Construction Pulse
Input Costs Excluding Labour
Past 3 Months
57%
42%
1%
Balance +56%
(-6 on previous reading)
Construction Pulse
Selling Prices
Next 3 Months
49%
50%
1%
Balance +48%
(+4 on previous reading)
Construction Pulse
Pay Intentions
Next 12 Months
Change ResponseIncrease
| > 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
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