Construction sector workloads are set to drop in the immediate future.
This is according to a director of external affairs at the Federation of Master Builders, who said small and medium-sized enterprises and larger contractors are all experiencing a fall in activity at the moment.
House-building activity is still struggling to meet the UK’s projected requirements and the government is spending less money on construction projects, he remarked.
The expert argued members of the public do not have as much disposable income as they used to have, which has negatively affected demand for repair and maintenance projects. They concluded: “All of this adds up to falling workloads and a drop in confidence for construction activity.”
The FMB is the building industry’s largest trade association in the UK.