The construction products industry is improving its productivity faster than the manufacturing sector as a whole, a government-backed study will reveal next week.
The study, on productivity in the construction products industry, was jointly commissioned by the DTI and the Construction Products Association and has been carried out by the Advance Institute of Management. AIM is set to present its initial findings at a seminar next Monday.
Allan Wilén, economics director at the Construction Products Association, said: “AIM’s initial findings are positive and fit with the findings of our trade surveys.
“There is much evidence that investment in the construction products sector is increasing its productivity.”
Delegates at the results seminar will be invited to submit their own firms’ productivity data on a confidential basis for a benchmarking study that will compare their performance against other companies in the sector. It is hoped this will provide impetus for further growth.