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The construction market could be overheating

04 March 2022

Ian Cooper, Director and Head of Construction sector at DWF, comments on the IHS Markit / CIPS UK Construction PMI for February 2022.

He said:

"The construction market could be overheating. The continued growth in activity, across all sectors, is putting a significant demand on the available supply chain to deliver. Whilst it is good news to see input cost inflation ease, the industry is very busy with contractor's order books full for at least the year ahead.  Consequently it is no surprise that buying has increased as clients look to secure increasingly scare construction delivery resources."

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