May saw the continuation of consistent contract awards, as they remained at the long term average with £5.5bn. This activity was held up high by industrial activity, thanks to the logistics subsector. With £1.5bn, the industrial sector returned to exceptional levels seen at the back end of 2021. Regionally, the South East saw the most … Read more
It’s that time of the month again – the release of our Snap Analysis market review. The report provides you with a snapshot review of the factors that drive the construction industry. The power behind Snap Analysis is our market leading construction project data and team of economists, making it a valuable tool for every … Read more
2022 is here. The start of a New Year means setting new goals, targets and objectives, whether that be for yourself or your business. To help develop your business’ 2022 strategy Barbour ABI have done something a little different this month: We are delivering you the story behind the data which created a record-breaking year … Read more
With Christmas just around the corner and the winter season in full swing, the offseason for the construction industry has officially begun. Construction is usually one of the hardest-hit industries when the wintry weather hits. However, this month’s Snap Analysis reveals that overall the construction industry took a dip in contract awards by 24% in … Read more
This month was an excellent month for contract awards. Growing by 37% and reaching £8.3bn, October was the biggest month for contract awards since April. The standout sector this month is Residential. According to Snap Analysis the sector had a month-on-month growth of 18% with £2.3bn worth of contract awards, which is over a fourth … Read more
Data Driven In September, contract awards resumed normality and achieved above average levels. There were 1,216 contracts awarded with a value of £6.1bn. According to Snap Analysis, this success was driven by commercial and warehousing projects. However, a sector which saw drastic improvement in terms of contract awards was the Hotel, Leisure and Sports Sector. … Read more
Data trends August, typically a quiet month for construction has had a huge turnaround this month, all thanks to the education sector. Making up around 17% of the entire construction industry, the education sector saw the biggest month since 2017 for contract awards, grossing over £700m in new contracts. The common assumption is that the … Read more
Barbour ABI launches new quarterly report diving deep into the construction industry outlook This month, Barbour ABI will launch the first in its new report series named Deep Insights. The aim is to look deeper into each sector to give you a better understanding of trends at the subsector level underneath the headlines that we … Read more
This week we decided to interview our Chief Economist, Tom Hall on the new and improved Economic and Construction Market Review renamed, Snap Analysis. Find out what he had to say here What is Snap Analysis? Each month, the Barbour ABI economics team produces a report analysing construction contract awards comparing historical activity levels by … Read more
The total value of construction contract awards in January 2020, was £5.5 billion based on a three-month rolling average. This is an increase of 18.5% on December 2019 and is also 2.1% ahead of January 2019. In the three-month period ending January 2020, total construction contract awards were valued at £15.6 billion which is 7.1% … Read more
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Place of registration: Barbour ABI Limited Company number: 13427982, Registered office: 5th Floor, 133 Houndsditch, London, EC3A 7BX
Place of registration: Barbour ABI Limited Company number: 13427982, Registered office: 5th Floor, 133 Houndsditch, London, EC3A 7BX
