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Tag: FMB

Falling family spending on home improvements and the construction recession of 2005 revisited

Falling family spending on home improvements and the construction recession of 2005 revisited

Britons appear to be spending ever less on contractors to do up their homes, despite the popular view that people are investing to stay in their homes rather than move. That’s certainly what the official construction output figures show and so do the family spending data released yesterday. And the decline didn’t start with the recession it is far more longstanding. According to the family spending survey, households spend less on contractors now in cash terms than they did a…

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A break in the clouds for construction’s smaller firms

A break in the clouds for construction’s smaller firms

For those looking for reasons to believe that the second quarter of this year provided some relative cheer, it may be worth taking in the surveys from the FMB, which represents local builders, and the NSCC, which represents specialists. We may not be talking about boom times, but both surveys reported a marked easing in the recessionary pressures that have dogged the smaller firms in construction for more than two years. You have to read through the data to get a…

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Local builders still deep in recession says latest FMB survey

Local builders still deep in recession says latest FMB survey

Evidence that construction is still far from free from the grip of recession has come from the FMB, the trade body that represents many of Britain’s local builders. The survey results show a market that remained in rapid retreat during the first quarter of this year. There is some good news as the graph (right) sourced from the FMB survey shows. The level of new inquiries appears to be levelling out and this has sparked some improvement in the level…

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