The construction sector has had every challenge thrown at it this year
Jan Crosby comments on October's IHS Markit / CIPS UK Construction PMI
Jan Crosby comments on October's IHS Markit / CIPS UK Construction PMI
Commenting on today’s (4 November) IHS Markit / CIPS UK Construction PMI, Jan Crosby, head of infrastructure, building and construction at KPMG UK, said:
“The construction sector has had every challenge thrown at it this year and yet in the face of this ongoing volatility there is still huge demand for projects, which firms are working incredibly hard to deliver. This can be seen in the welcome spike in activity in October"
“As well as the much-reported supply chain delays and lack of lorry drivers, the sector has had to deal with labour shortages, including appointing sub-contractors. But firms are resilient, and I’d expect to see continued growth in demand for energy efficient buildings to drive energy retrofitting and services, as well as new build growth where existing buildings are no longer seen as green.
“The sector is confident it can meet demand. As we look ahead to 2022, firms will be hoping the right support is put in place to fix these challenges to help drive further growth.”
-ends-
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