Sales of construction products have slowed down during the second quarter due to a reverse in the private housing market, according to the Construction Products Association‘s (CPA) latest activity barometer.
An index of 45 was recorded for the period, which is below the 50 no change mark and also down on a year ago. The barometer, a reflection of the latest CPA member survey, showed a positive index of 55 during the first quarter.
CPA chief executive Michael Ankers said: “The reversal of fortunes has been particularly apparent for some companies manufacturing lightside products as the private housing market has slowed both in terms of new build and repair and improvement of the existing housing stock.”
Mr Ankers said the industry is more optimistic about the third quarter, with the index standing at 54.
