NEWS / Press Releases / ACE reacts to UK Construction PMI: “the figures have not substantively improved”

PR

06 OCT 2021

ACE REACTS TO UK CONSTRUCTION PMI: “THE FIGURES HAVE NOT SUBSTANTIVELY IMPROVED”

Matthew Farrow comments on figures for September

Matthew Farrow, director of policy at the Association for Consultancy and Engineering (ACE), which represents the companies large and small that design, deliver and manage our national infrastructure and built environment, said:

“Autumn is here and the figures have not substantively improved. As in many other sectors we are facing the spectre of rising people costs as well as delays and inflationary pressures on materials. This is a potent combination which will hold back post-pandemic recovery in both the construction sector and the wider economy.

“Despite these challenges, the fact that respondents remain largely upbeat with a positive business outlook is good news. It remains to be seen whether this withstands the next few months of 2021 which are unlikely to see any substantial change in the circumstances we are working in.”

 

James Ketchell

James Ketchell

Head of Communications

James leads communications at ACE and EIC. He also contributes to Infrastructure Intelligence.

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