• GL
Choose your location?
  • Global Global
  • Australia
  • France
  • Germany
  • Ireland
  • Italy
  • Poland
  • Qatar
  • Spain
  • UAE
  • UK

DWF comments on August CIPS / IHS Markit Construction PMI

04 September 2020
Kate Kirby , Partner in the Construction & Infrastructure practice at global legal business, DWF, comments on the CIPS/IHS Markit construction PMI figures for August 2020. Kate said:
"Today's figures  pointed to a setback for the recovery in UK construction output, with growth easing from the near five-year high seen during July. However, housebuilding has registered the strongest rebound since the stoppages of work on site in late-March due to COVID-19. One of the biggest issues facing the sector, which has largely remained active during the pandemic, is the shortage of access to materials and appropriate subcontractors.

"Looking ahead, the sector should prepare for a few difficulties as furlough schemes come to an end. 

"In a post–pandemic world, there will still be a requirement for more homes, urban regeneration, improved infrastructure, improved offices, retail space and more distribution facilities. We all know from past downturns that a robust construction sector will emerge but how and when, we just do not know."

Further Reading

We use cookies to give you the best user experience on our website. Please let us know if you accept our use of cookies.

Manage cookies

Your Privacy

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. We mainly use this information to ensure the site works as you expect it to, and to learn how we can improve the experience in the future. The information does not usually directly identify you, but it can give you a more personalised web experience.
Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change permissions. However, blocking some types of cookies may prevent certain site functionality from working as expected

Functional cookies

(Required)

These cookies let you use the website and are required for the website to function as expected.

These cookies are required

Tracking cookies

Anonymous cookies that help us understand the performance of our website and how we can improve the website experience for our users. Some of these may be set by third parties we trust, such as Google Analytics.

They may also be used to personalise your experience on our website by remembering your preferences and settings.

Marketing cookies

These cookies are used to improve and personalise your experience with our brands. We may use these cookies to show adverts for our products, or measure the performance of our adverts.