Contractors expect increased residential activity

The survey, which was undertaken with Glenigan, found that a balance of 22% of contractors expect their overall workloads to rise next quarter. A smaller balance of 11% of firms expect their output to rise over the next 12 months.
Expectations of residential-led growth follow a weakening in output during the first quarter of 2018. A net balance of -13% of firms reported their second quarter output was down on a year ago and the same net balance (-13%) reported that their work-in-hand was below normal levels.

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