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05 AUG 2021

“THE INDUSTRY NEEDS TO CONTINUE TO WORK TOGETHER”

ACE reacts to construction PMI figures in July which show slowing growth

Matthew Farrow, director of policy at the Association for Consultancy and Engineering (ACE) comments on the latest  IHS Markit / CIPS UK Construction PMI release for July:

“Despite the difficult circumstances the industry is collectively facing, overall trends are still positive. However, it is also clear that the ‘perfect storm’ of Brexit trading delays, global supply pressures, and covid, is now severely impacting on construction in the UK. The industry needs to continue to work together, through forums like the Construction Leadership Council (CLC), if it is to lessen the impact of these structural issues in the coming months. This is the only way to avoid the stalling of strong post-pandemic growth.”

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