There were 548 contracts worth £5.7 billion, which has dropped below the monthly average of £6.0 billion in the year prior to coronavirus for the first time since December. 40% of all the contracts awarded by value were housing (£2.3 billion), with road projects making up 13% (£949 million) and office projecs 10% (£581 million).
The industry will be hoping that this was a blip in the road due to the Easter break and that the continued easing of coronavirus restrictions over the coming weeks will drive the economic recovery and see construction activity increase again.
FIS members have access to a wealth of Market Data, from leading sources like the Construction Products Association and Barbour ABI. In addition, FIS also gathers data specifically related to the finishes and interiors sector.