On 6th March 2024, CPA released their Construction Trade Survey – Q4 2023. The results show that it was a weak end to 2023 and a subdued start to 2024 for firms operating throughout the construction supply chain.

Trade surveys for the fourth quarter of 2023 indicated that it was the worst quarterly performance since the first half of 2020, when activity was disrupted by lockdowns at the height of the pandemic, with declines in workloads for chartered surveyors and SME building contractors, and falls in sales for both heavy and light side product manufacturers.

The CPA’s Economic Director Noble Francis has also provided an initial response to the Chancellor’s Spring 2024 Budget announced in the House of Commons this week.

TTA members can access CPA’s Construction Trade Survey – Q4 2023 and Spring Budget Overview in TTA’s Members’ Area.