SME construction firms – pitched as crucial to hitting
the government’s 300,000 homes a year target – have seen workloads dip for the
first time in six years, according to latest research from the Federation of
Master Builders (FMB). But the FMB State of Trade survey for Q1 hints at
strengthened expectations for the future with 41% of construction SMEs
forecasting higher workloads over the coming three months – up from 33% in Q4
2018. In the immediate term the survey shows that the array of problems for
small, local builders have taken their toll to put the sector in negative
territory as more respondents stated lower workloads (29%) compared with the
final three months of 2018 (13%). Read more on 24housing.
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