New figures published by the Construction Products Association (CPA) have suggested there was a slight improvement in conditions for construction product manufacturers in the first quarter.
Following on from the bleak Office for National Statistics figures which suggested there had been a drop in output during the first quarter of the year, the CPA is suggesting a far more positive outlook.
The organisation’s State of Trade Survey reported there had been an increase in trade for 48 per cent of manufacturers during the first quarter of this year, compared with just 14 per cent that stated the same in the final three months of 2010.
Association economics director Noble Francis said: “This is a considerable improvement on 2010 Q4 which suffered greatly from the impacts of the bad weather in November and December.”
However, he added that conditions remain challenging.
Recently, Brian Berry, director of external affairs at the Federation of Master Builders, stated the government needs to invest more money in helping the construction sector to grow.