Support Better Standards for BIM Object Data

Support Better Standards for BIM Object Data

We’re sharing a research-led initiative (led by Diane Tocco, a member of our Organisational Excellence Working Group) that explores how manufacturers manage and maintain their BIM objects—focusing on the accuracy, consistency, and structure of the data they contain. The aim is to identify where current industry practices succeed or fall short, and how technology—particularly automation and AI—can help improve data quality across the supply chain.  This short survey is aimed at manufacturers whose products are used in commercial building projects—including architectural, MEP, and FF&E components—and who already have Revit Families for at least one fixed product range. By contributing, you’ll be helping shape a more consistent and efficient approach to BIM object creation and data compliance.

https://www.surveymonkey.com/r/HTBFSTH

As a thank you, all participants will be entered into a prize draw to win a Bose SoundLink Flex Portable Speaker (2nd Gen) (RRP £149.95)  Whether you’re already producing BIM content or just starting to explore it, your insight is valuable. Thank you for taking part.  Diane will be sharing the results with our Working Group in support of our work.

CPA Economic and Construction Update

CPA Economic and Construction Update

The CPA’s Economic and Construction Update provides an insightful summary of the latest economic and construction trends in the UK. The update covers key indicators such as the CPI inflation and core CPI inflation, UK construction average weekly earnings, UK construction insolvencies, UK house price index, and the UK residential market survey.

The latest weekly update includes:

  • ONS UK CPI Inflation (March 2025)
  • ONS UK Construction Wage Inflation (February 2025)

The CPA’s Spring Forecasts will be published on Monday 28 April and FIS members will have exclusive access to this via our membership of CPA.

The update is an excellent resource for anyone interested in the UK construction industry, and the contents page allows readers to easily navigate to the sections that are most relevant to their interests.

In addition to this update, the CPA also publishes Construction Forecasts twice a year. Members can download these forecasts from the FIS website here.

CPA addresses the impact of US Tariffs

CPA addresses the impact of US Tariffs

Following strong member interest, the CPA economics team has released a new briefing on the Impacts of U.S. Tariffs.

This document will be revised as the situation develops, and made available to FIS members through our weekly newsletter.

The latest version, includes on Page 2, the results of an investment bank polling its key stakeholders on the probability of a U.S. recession (in the light of no hard data or surveys covering the period since the U.S. tariff disruption as yet). The new text is highlighted in yellow.

Join CPA Economics Director, Professor Noble Francis, for a webinar exploring the potential impacts on the UK economy and construction sector.

Wednesday 30 April
11:00 AM – 12:00 PM
Via Zoom

The session will include a live Q&A. This will be a great opportunity to put your questions directly to one of the sector’s leading economic voices.

The latest update is available here..

See more market data

FIS works with a number of partners to provide members with up to date market data.

FIS Wage Rate Survey points to ongoing inflation

FIS Wage Rate Survey points to ongoing inflation

The FIS Wage Rate Survey 2025 (data gathered in the first quarter of the year) revealed that, across the trades, FIS members have continued to experience increases in wage rates averaging around 7% in key trade occupations (the full index is available to contributors only).

Commenting on the data FIS CEO Iain McIlwee stated:

“The data underpins that the supply chain continues to be hit by inflationary pressures with an annual increase of 7% in 2025 piling on top of double digit inflation in 2024.  If we look at what this means in real terms, for some trade areas rates are now (cumulatively) 75% higher than when we started to gather data in 2020.  If we compare this to the wider economy, construction wages continue to outstrip the national average which was below 6% in 2025 and 2025.  This is putting real pressure on specialist contractors.  Comments gathered as part of the research raised concerns linking this inflation to shortages in key trade areas.  If the market does start to improve in 2025 and 2026 there are very real concerns that the skills are simply not going to be there to meet demand.  To address this, it is vital that recent Government announcements about investment in skills don’t just get lost in long term strategy, but are invested in supporting employers now in training and developing their workforce.”

The survey also points to changes in the structure of the workforce, which continues to trend away from direct employment, which has fallen from 26% in 2021 to 23% in 2025.

FIS also gathered data on Payment Trends, with around 20% suggesting that payment payment practices have worsened in the past 12 months and less than 5% reporting improvements.

FIS gathers and collates a range of market data to support the sector,  you can see the full range of data available here.

Strengthening construction safety: The Government’s Green Paper on Product Reform

Strengthening construction safety: The Government’s Green Paper on Product Reform

As part of the response to the Grenfell Inquiry Report, Government is conducting a review into the Construction Products Regime.  The context is described below:

Recommendation 1

That the government draw together under a single regulator all the functions relating to the construction industry to which we have referred. (113.6)

The government accepts this recommendation in principle.

The single regulator will deliver the functions specified in the report with two exceptions. We do not believe it is appropriate for the single regulator to undertake testing and certification of construction products, or issue certificates of compliance, as this would create a new conflict of interest within the regulator. Instead, we will strengthen oversight of Conformity Assessment Bodies through reforms to the construction products regime.

Implementation will start immediately, beginning with work to support the existing regulatory regime as the foundation to moving towards greater consolidation. We are also publishing a construction products green paper alongside this response which sets out our proposals for reform of the construction products regulatory regime and will inform the implementation of this recommendation. 

We will publish a Regulatory Reform Prospectus and consultation on the design of the single regulator later this year before bringing forward the necessary legislation to establish it later in the Parliament.

We will go further than the Inquiry’s recommendation by consulting on strengthening the investigation of serious building safety incidents. We will examine all options for going further to ensure serious incidents are investigated quickly and transparently, including a standalone organisation to provide an additional point of insight, evidence and challenge.

Details of the Green Paper are available here – Construction Products Reform Green Paper – GOV.UK

This paper details plans to increase the oversight of testing and conformity assessment bodies, third party product certification schemes and the role of the general product safety regulations in governing construction products not covered by an existing designated standard. The Green Paper also sets in place a consultation process which will last until 21st May 2025.

We would encourage members to respond to the consultation following this link.  FIS will be preparing a sectoral response, so do please feed any comments in or or contact jamesparlour@thefis.org to discuss so that FIS can capture your points in thiis response.

Details of the Government Response to the Grenfell Inquiry published on the 26th February 2025 are available here.

 Labour availability to constrain output next year

 Labour availability to constrain output next year

Workloads reported by FIS members in the FIS State of Trade Survey for the final quarter of 2024 were mixed with just over a quarter of respondents (26%) reporting no changes and 23% seeing an increase of over 5%.

Reports of sales volumes showed that 30% of respondents saw an increase of over 5% quarter-on-quarter and looking to the next quarter (Q1 2025) the expectation for most is very positive with 60% anticipating a growth of over 5%.

Labour availability is the second highest reported factor most likely to constrain output next year (23%) with demand as the highest reported by 45%.

FIS members can access the full findings here.