Close
14
Wed, Nov
14 New Articles

Civils firms expect post-election lift off

News
Typography

After a lull in work in in the run-up to the general election, civil engineering contractors are now expecting their sector to take off.

Results from the Civil Engineering Contractors Association (CECA) workload trends survey for the first quarter of 2015 showed that the pace of growth in output slowed slightly as the nation prepared to go to the polls. But figures for new orders suggest this pause in growth won’t last long.

The balance of firms reporting more work minus those reporting a decline softened to +29% in Q1 2015, down from +52% in the previous quarter.

However there was a rise in new orders. At +59% the balance between those showing rising and falling and rising orders is at its highest level since the downturn, indicating a future boom in activity in the sector.

Healthy order books were offset by supply issues with staff, with more than half of those surveyed reporting difficulties in resourcing sufficiently skilled operatives.

Subscribe to our Newsletter
captcha 
Cookies make it easier for us to provide you with our services. With the usage of our services you permit us to use cookies.
More information Ok