The British construction companies suffered a bad start to the year, with the activity in April in April in a row in April when the new work was high, according to an industry survey, remained high.
The construction companies continued to fight after two years of depressive activity, from which the managers of industry had expected, with the election victory of Labor last July.
A jump in the last three months of 2024 gushed when the prospects for the sector were clouded by political uncertainty and increasing costs.
The concerns regarding the effects of Donald Trump's import tariffs ended up decision -making in the trading sector, while delays in Whitehall with which large -scale construction projects reduced the activities in civil engineering before the support of state expenditure on June 11.
S&P Global said that the index for construction manager rose somewhat higher from 46.4 in March to 46.6, but remained significantly below the 50 mark, which separates growth from the contraction.
The report states: “Construction companies generally found that the uncertainty and concerns in the broad economic outlets in Great Britain had burdened customer demand.”
However, building activity decreased with a slower rate than other sectors.
Tim Moore, economist at S&P Global Market Intelligence, said: “Commercial building has been a weak point since March and lost dynamics.
“Production has been going at the fastest pace for almost five years, which reports about a stronger risk aversion among customers and a waiting-and-lake approach for important spending decisions.”
He said that the respondents commented on rising prices that were paid for a number of raw materials, as well as the efforts of the suppliers to pass on higher salary billing costs.
Companies stated that an improvement in the coming year “” a number of survey participants appointed the prospect of a turn of work loads in the entire segment for residential buildings “.
According to the industry provider Glenigan, a recovery in building building is already underway. In the three months to April, residential projects below 100 million GBP were 24% higher than in the previous quarter.
The construction activity of the private apartments rose by a quarterly by 22% and 29% compared to the previous year.
The activity of the social housing construction rose by 29% compared to the previous quarter, but was only 3% higher than in the same point in 2024.
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Brian Smith, the head of cost management and the commercial at the engineering company AECOM, said that he would expect the activity and order levels to continue to recover in summer.
He said a lack of clarity about how large projects are financed was a problem that the ministers would have to solve.
Smith added: “The expenditure check in the next month is a real opportunity for political decision-makers to determine a clear roadmap for public-private partnerships that receive private investments in order to offer the urgently needed support for large-scale projects.”
In the euro zone, the construction sector also remained in a decline in April, while the pace of contraction slowed down.
The PMI of the Hamburg Commercial Bank in Eurozone recorded an increase in the headline index to 46 in April from 44.8.
New orders fell somewhat slower and many companies lowered jobs and purchasing. The price pressure rose up to a 15-month high, although they remained well below the long-term average.