The CPA’s latest Construction Trade Survey for 2023 Q2 showed a mixed view on activity across the construction supply chain. Here are some key findings from the latest survey:

Output & Sales: A mixed quarter for product sales, workloads growth for SME contractors and chartered surveyors was split by sector of activity.
Expectations: Manufacturers’ expectations were mixed, new orders increased for civil engineering contractors, SME enquiries increased overall, but growth was driven by a sole sector.
Costs and Constraints: Costs moderated in Q2 but inflation remained broad-based, with issues related to finance and labour availability rising in prominence.

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