Welcome to the April edition of the BCIS newsletter in which we bring you the latest news and insights from across the construction industry. This month we explore the potential fallout from continued global economic disruption alongside a mixed picture closer to home – from the positive rise in construction output recorded by ONS for February, to the ongoing contraction reported in the S&P Global UK Construction Purchasing Managers’ Index for March.
You can stay up to date by visiting bcis.co.uk and following us on LinkedIn. In the next few weeks, we’ll be analysing the next set of New Orders data, tracking the impact of the Bank of England’s base rate decision, and reporting on the latest construction earnings trends.
Latest news
| Strong earnings growth continues in construction sector |
| Construction wages increased by over 6% in the year to February 2025, outpacing earnings growth in the economy as a whole… |
| House price indices show continued growth |
| UK house prices increased in the year to March 2025, according to both Halifax and Nationwide indices… |
| Latest building materials and components statistics |
| Brick deliveries increased in the 12 months to February 2025, but are still down compared with pre-pandemic levels… |
| Positive news as construction output increases in February |
| Construction output increased by 0.4% in February compared with January 2025, according to the latest ONS data… |
| Construction activity declined for the third month in a row in March |
| The latest update to the S&P Global UK Construction Purchasing Managers’ Index… |
Latest insight
Construction inflation: reflecting reality with project cost data
The newest additions to the basket of goods used to track general inflation are a timely reminder of the importance of using construction-specific indices…
Could Trump’s tariffs compound the threat of recession or stagflation in the UK?
Outlining the potential impacts of US tariffs on the economy and industry, and what the UK government could do to mitigate these…
How BCIS construction data supports the training of quantity surveyors in academia
We spoke to Nii A. Ankrah, senior lecturer in quantity surveying at Aston University, about how BCIS construction data supports student training…
Funding construction projects – the role of cost data
A case study interview with Aros Kapital Director, Léon Karens, covering the use of BCIS data for risk assessing residential projects…
What role does cost data play throughout the project life cycle?
We examine the role that independent, reliable cost data plays in helping teams to deploy resources efficiently and effectively…
How to add the value in value engineering
A look at how value engineering can drive greater efficiency across construction projects…
| BCIS webinar – Construction outlook: what’s next for the industry? Our quarterly construction outlook webinar assesses the current state of the industry, examining the economic and political backdrop shaping the built environment. Watch webinar |