Residential construction remains strong, says Barbour ABI

Published:  20 May, 2016

The construction industry remained in a strong position during April with £6.1bn worth of contracts awarded, led by a 26% monthly spike in contract value from the residential sector, despite growing fears of a lacklustre second quarter for the UK economy.

According to the May edition of the Economic & Construction Market Review from industry analysts Barbour ABI, £2.1bn worth of projects were awarded in the residential sector across April, up from £1.4bn in January, demonstrating the continued strength of the sector.

Sixty-seven percent of the value came from private housing, which is no surprise considering the positive fortunes that major housebuilders such as Barratt Homes, Persimmon and Taylor Wimpey are currently experiencing.

Infrastructure was also the big winner in April, as the contract value for the sector grew by 35% compared to April 2015. A strong pipeline of renewable energy projects including two major wind farms played a large role in boosting the figures, alongside a £500m nuclear decommissioning project in Sellafield, Cumbria.

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight


Builders Merchants Vacancies – UK Wide

At Arco, we are an industry specific recruitment consultancy, providing sales and managerial staff Nationwide to Merchants, Distributors and Manufacturers of Building Materials within the Construction Sales Sector. Priding ourselves on our unparalleled customer service and hard work, we offer a fresh, innovative and personal approach to recruitment specifically designed to meet our clients’ needs and candidates’ skills.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.