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Industry records landmark consecutive growth

The latest survey from the Construction Products Association has shown that the construction sector experienced growth for the third quarter running in Q4 2013.

This is the first time this has been recorded in more than five years, the Construction Products Association said.

The results included all areas, the organisation reports, including building and specialist contractors, civil engineers, product manufacturers and SMEs.

Construction Products Association economics director Noble Francis, said: “The recovery, which started in Q2 2013, continued, though risks remain.

“The rises in activity were slower than in previous quarters, and orders for new work similarly decelerated, potentially highlighting uncertainty amongst contractors as to whether the recovery would be sustained.”

Dr Francis further stated that contractor profit margins had fallen in Q4, however, due to higher labour, energy and transport costs.

Experts responding to the report, and other industry-related surveys in recent weeks, have expressed increasing concern over skills shortages in the industry.

Bricklayers and carpenters are currently in demand, due to the recovery of the housebuilding sector, with more implications for the building services sector as the growing number of projects require mechanical and engineering expertise.

Further information can be found at constructionproducts.org.uk

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