Building’s barometer is your guide to construction economics and contract wins. Each month our interactive, sortable league tables are updated with the latest contract awards across the industry showing which firms are winning the most work and where. Barometer is also the home of the CPA/Barbour ABI Index, the leading monthly measure of construction activity in 10 key sectors.
Read our analysis and browse our tables to see how firms, sectors and areas are faring.
Marginally more contracts were awarded in October than September – up 1% to 112.
Yet, contract awards remain relatively subdued – and the long lead time in some sectors means it could be a while, well into 2013, before we see output following suit and falling away.
Looking across the sectors, it’s a mixed picture, with the indices for public housing and public health falling in October – by 12% and 19%, respectively – because of public sector cuts. However, this was offset in October by contract awards in some private construction sectors.
Private housing contracts were 5% lower than in September, but still considerably higher than a year ago owing to work by major housebuilders. Commercial and industrial awards also rose considerably, yet were lower than a year ago and remain at historic lows so it is unlikely that we will see substantial growth soon.