Posted by Hari on Monday, August 04, 2014 with No comments | Labels: housing, Labour, property, Tories
Fee and KJ wonder if anyone is surprised...
SOURCE GUARDIAN: Brick
shortages as homebuilding grows at fastest rate since 2003
Activity in the construction sector as a whole continued to
rise quickly, albeit at a slightly slower pace than in June, according the
Markit/CIPS UK Construction PMI report. As builders continued their recovery
after being badly hit by the recession, there were fresh concerns over the
supply of both materials and labour keeping up with demand. Following reports
of brick shortages earlier in the year, the survey highlighted pressures on
suppliers to keep up with demand as they rush to boost capacity and reopen
plants mothballed in the recession. "A pressing concern for construction
companies is the availability of materials and suitably skilled labour to
support the recent growth streak," said Tim Moore, senior economist at
Markit. "Cuts to supplier capacity have ushered in the worst period of
input delivery delays since the survey began in 1997, while this summer has
also been notable for construction firms reporting near-record increases in
rates commanded for subcontracted work."
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