The Brick Development Association (BDA) has reported strong performance following the announcement that brick distribution has continued to increase in-line with demand.
According to figures released by the Office for National Statistics, brick deliveries in August 2016 were 8.9% higher than they were in August 2015. The seasonally adjusted figures also show a month-on-month increase of 5.5% and a year-to-date increase of 1.3% on the same period last year.
This follows the news that the construction sector has bounced back after an initial post-referendum slump. Released on 4th October, the Markit/CIPS UK Construction PMI affirms that business activity across the UK construction sector has risen, driven by a recovery in residential building.
The reports are supported by figures released by the National House Building Council which show almost 12,500 new home registrations in August, an increase of 20% compared to August last year.
Chief Executive of the BDA, Keith Aldis, comments:
“Following the Government’s announcement on Monday that a £3bn Home Building Fund will be introduced, these distribution figures reinforce confidence across our membership. The industry is geared up to respond to changing market dynamics and is equipped to meet immediate demand.”
