SEARCH

Causeway and Barbour ABI publish Construction Sentiment Survey 2017

The results of the Construction Sentiment Survey 2017 have now been published, providing a valuable insight into the key issues, challenges and opportunities facing the construction industry.

Carried out by Causeway Technologies and Barbour ABI, the industry-wide survey invited feedback from over 80,000 construction professionals on subjects as diverse as skilled labour shortages, currency fluctuations, rising materials costs, technological developments and the implications of Brexit.

It reveals that a largely optimistic construction industry sees a sharper competitive edge and a better value proposition for customers as the main ways to drive growth. Alongside this, though, a high proportion of companies are cutting costs and looking for ways to improve efficiency.

Causeway ceo Colin Smith said: “It is clear that construction companies need to build their resilience whilst retaining sufficient agility to manage change and take advantage of the opportunities it presents. Rather than fight an uphill struggle, such companies should perhaps consider enabling technologies that make it easier for people to do their work, without requiring a completely new approach.”

He added: “There is a wide ensemble of technology made specifically for the construction industry that allows both stakeholders and employees alike to be more effective without major changes in operations.”

Key figures revealed in the survey were:

  • 71% of companies expect to see an increase in revenue.
  • 63% expect to see an increase in profits during 2017.
  • 69% believe their companies are already implementing initiative to fuel growth.
  • 67% of companies have embarked on cost-cutting measures.
  • 88% believe there is room for improvement in terms of operational efficiency.
  • 34% expect to see an increase in the number of bankruptcies.

Full analysis of the survey findings is available as a free download at http://campaign.causeway.com/construction-sentiment-survey-2017

 

 

7 June 2017

Comments

Already Registered?
Login
Not Yet Registered?
Register

SBS celebrating success

Smith Brothers Stores recently held an event to celebrate its staff and the roll they play in businesses success. The event took place at the East Midlands Conference Centre on the June 29....

  15-Aug-2019

Johnson & Starley add two new members of staff

Johnson & Starley has appointed Darren Keenan as business development manager and Sue Powell as customer service/distribution sales manager...

  15-Aug-2019

Gastite CSST

A wide range of CSST, fittings and accessories are available for projects both large and small. Suitable for all three family gases, the CSST range includes sizes DN15 to DN50 in a choice of lengths. Custom lengths are available for large/multi-family projects. Contractor kits, which include a length of CSST, and two male fittings are also available. Gastite® high-performance XR2™ fittings have a patented Jacket-Lock® fitting which eliminates exposed steel beyond the nut. The range includes male and female fittings, tees, copper compression fittings and couplings. Accessories designed to make installation even easier are also available and include; cutters, utility knives and jacket repair tape.
  12-Aug-2019
Heating & Ventilating Review is the number one magazine in the HVAR industry. Don’t miss out, subscribe today!
Subcribe to HVR

Diary