Construction product sales down for first time since lockdown, says CPA

By Daniel Gayne2022-10-17T09:25:00

Dismal outlook as manufacturers expect recession

Two years of sales growth for construction product manufacturers ended in the third quarter of 2022 on the back of slowing demand for repair and maintenance.

The latest figures from the Construction Product Association’s state of trade survey showed 12% of heavy-side manufacturers reporting a decline in sales in Q3, the first fall since the second quarter of 2020, when nationwide lockdowns were introduced.

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