Friday, November 18, 2016

Costs a growing threat for construction SMEs?

An article by Construction Products Association (CPA), based on the latest Construction Trade Survey, shows that the UK construction industry grew for a fourteenth consecutive quarter in Q3 (UK). Firms across all areas (including SMEs) reported an increase in activity. However, the article suggest that future activity may be severely hindered by inflationary pressures caused by rising wages and imported raw material costs.