The Latest Markit/CIPS UK Construction PMI Figures Suggest That The Building Industry In Britain Is Experiencing Growth


When new buildings are being created, it is vital that those behind the projects pay attention to detail. Any oversights or shortcuts during the building process can lead to a host of problems further down the line.

7639517-projection-initial-preparatory-stage-in-construction-new-buildingFor example, it is imperative that people seek suitable water drainage systems for their construction projects. Without these, buildings are more prone to flooding and water damage.

These days, it is straightforward for individuals to source top-quality drainage solutions to help them complete their buildings.

UK construction on the up

It seems as though demand for drainage systems may be on the rise at present in Britain. After all, the latest Markit/CIPS UK Construction PMI came in above expectations in December. This meant it posted its eighth consecutive month of growth.

The PMI in the final month of last year was 62.1, which was considerably above the 50 mark that separates growth from contraction. Meanwhile, this was not far off the 62.6 figure recorded in November, which was the highest reading since the middle of 2007.

The industry was buoyed by a range of new commercial building projects and firms are increasingly confident about their prospects for 2014.

It was also revealed that house building remained the fastest area of growth within the construction sector. However, growth across the sector was broad-based and civil engineering was another area of growth.

Wind in their sails

Responding to the findings, Markit economist Tim Moore said: “The latest survey highlights that construction companies enter 2014 with the wind in their sails. Most encouragingly, the improving UK economic outlook is helping boost private sector spending patterns, meaning that the construction recovery has started to broaden out from housing demand and infrastructure projects to include strong growth in commercial building work.

“Over half of all survey respondents anticipate increased output levels during the course of 2014, which is up sharply from one-in-three construction firms that expected growth at the same time one year ago.”

Meanwhile, economist at IHS Global Insight Howard Archer added: “Evidence that the construction sector is sustaining its recent markedly improved performance is obviously good news for overall growth prospects.”

Heading online

Increasingly, companies and individuals are heading online when they are seeking drainage solutions for their building projects. Looking for products in this way is quick and simple, and there are plenty of systems to choose from.

By perusing their options online, people can help ensure they end up with the perfect products for them, and they can also benefit from impressive value for money.

The high levels of rainfall seen across the UK this winter, and the flooding this has caused, has no doubt served to reinforce the importance of drainage in the minds of those involved in the construction industry.

By choosing suitable drainage systems, people can help ensure their properties are as well protected as possible from any potential flooding. In the long term, this could save them a considerable amount of money and difficulty. It could also serve to increase their confidence.

About the Author – Anna Longdin is a freelance blogger who has written widely on the topic of construction for a selection of websites, including Alumasc.

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