LEICESTERSHIRE BUILDER MAGAZINE MAY 2022

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LEICESTERSHIRE

BUILDER USEFUL INFORMATION & ITEMS OF INTEREST FOR LOCAL BUILDERS

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® Construction PMI Construction PMI Tel: 01530 244069 • Email: info@buildermagazines.co.uk • Web: www.buildermagazines.co.uk • MAY 2022 S&P GLOBAL / CIPS UK CONSTRUCTION PMI®

Mather Jamie closes two land sales

n orders since August 2021 ion orders since 2021 for housing development to Jelson Fastest rise inAugust construction orders since August 2021

erise

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® Activity Index S&P Global / CIPS UK Construction PMI PMI Total S&P Global / CIPS UK Construction Total Activity Index sa, >50sa, = growth since previous month month >50 = growth since previous

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'07 '08 '07 '09 '08 '10 '09 '11 '10 '12 '11 '13 '12 '14 '13 '15 '14 '16 '15 '17 '16 '18 '17 '19 '18 '20 '19 '21 '20 '22 '21 '22 nction SPECIALIST LAND Sources: S&P Global, CIPS. Sources: S&P Global, CIPS. rk for MARCH DATA pointed to a continued rise in UK Data were collected 11-30 March development and property Data were collected 11-30 2022. March 2022. ssures construction output, helped by the fastest increase in new consultancy Mather Jamie nar in work for seven months. has completed the sale of . Mirroring the trend for new orders, data signalled mism. theinflationary trend for new orders, latest data That Mirroring said, escalating pressures and latest concerns about the signalled two plots of land which will es the economic a sharper purchasing activity across the the impactincrease of the war ininUkraine to a sharp drop in a sharper increase in contributed purchasing activity across be developed for housing business optimism. Thesector. degree of confidence about growth outlookpace waspace construction sector. Input buying rose at the the steepest in North Leicestershire and construction Input buying rose at the steepest the weakest October 2020. Julysince 2021, driven by a by combination of stronger demand Warwickshire. July 2021, driven a combination of stronger demand gasing sincesince The headline S&P Globalstocks / CIPS UK Construction Purchasing Managers’ and efforts to build where possible. and efforts to build stocks where possible. The two sites are in highly h month Index® (PMI®) – which measures month-on-month changes in total industry desirable locations in Rugby and ,arch, activity Capacity constraints, a lack of haulage availability and – registeredconstraints, 59.1 in March, unchanged fromhaulage February and well Capacity a lack of availability and Long Clawson. the 50.0 mark that separates expansion from contraction. The latest ongoing logistics difficulties led to another sharp downturn kt that above ongoing logistics difficulties led to another sharp downturnLocated East of Brownsover Lane, the joint-fastest rate of output growth sincesurvey June 2021. g in supplier performance. Around 33% of the panel ading reading insignalled supplier performance. Around 33% of the survey panel the Rugby site has been purchased Commercial work was the best-performing segment in March (index atand and eJune reported longer lead times for construction products reported longer lead times for construction products by Jelson and comprises 5.69 60.8), with projects restarting amidsaw the rollan back of pandemic restrictions. materials, while only only 1% However, acres. It has planning permission materials, while 1% saw improvement. an improvement. However, for 14 new dwellings which will TURN TO PAGE 6 ...>less less delays remained widespread than the peak seen last delays remained widespread than the peak seen last nnt in summer. summer. l roll e nction Imbalanced supply and and demand, alongside escalating Imbalanced supply demand, alongside escalating s energy, fuel fuel and and commodity prices, resulted in a in rapid rise rise onths energy, commodity prices, resulted a rapid eJune in average costcost burdens in March. The The overall rate rate of input THE in average burdens in March. overall of input tex at priceprice inflation accelerated sharply sincesince February and and was was inflation accelerated sharply February . the highest for six arch. the highest formonths. six months. d broad Concerns about the Ukraine, forecasts of severe costcost Concerns aboutwar the in war in Ukraine, forecasts of severe inflation and a less favourable global economic outlook all all inflation and a less favourable global economic outlook epace weighed on constructors' confidence in March. Around 48% weighed on constructors' confidence in March. Around 48% . of the panel expect a rise business activity during 2021. of survey the survey panel expect a in rise in business activity during All your roof glazing r the year ahead, while only only 15% 15% predict a decline. However, ender the year ahead, while predict a decline. However, requirements the sentiment esome the balance of positive sentiment was was the weakest seenseen the balance of from positive the weakest industry’s top manufacturers d had sincesince October 2020. October 2020.

n se in b of job ggoing

ROOF

ROOF GLAZING

Pictured at the Long Clawson site are (L-R): Sam Tyler (Mather Jamie), Rob Thorley (Jelson), Gary Kirk (Mather Jamie) and Kieran Henry (Jelson). be a mix of 2,3, and 4 bedroom houses along with the creation of a community green space. The Long Clawson development has also been purchased by Jelson and has outline planning permission for 45 houses on the site of former farm buildings and large storage barns. TURN TO PAGE 2 ...>

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LEICESTERSHIRE BUILDER MAGAZINE MAY 2022 by Michael Wilkinson - Issuu