Housebuilding Going Off a Cliff?

Worrying data from the CIPS showing a sharp drop in purchasing managers’ confidence in the residential construction category. Suggests a lack of confidence in the government’s ability to make housebuilding its main domestic mission…

Actual 2017 housing starts are at a ten-year high, with the National House-Building Council expecting housing starts to rise further in 2018. Anecdotal evidence from industry sources suggests foreign construction workers are becoming scarce as returning growth in Europe attracts them to return home. Labour supply may well be a limiting factor for housebuilders…

H/T @rupert_seggins, @GeorgeTrefgarne

Seen Elsewhere



Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Ken Livingstone deployed a corker on TalkRadio this afternoon…
“I joined the Labour Party 50 years ago this month and in all that time I have never heard a single anti-semitic comment.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
“Institute for Public Interest News” is a Bad Idea “Institute for Public Interest News” is a Bad Idea
Humphrys Interviews Naked Remainer Humphrys Interviews Naked Remainer