FMB NEWS
FMB’s State of Trade Survey released
NI BUILDER BRINGS YOU THE LATEST NEWS FROM FMB NI – ALWAYS PUTTING THE INTERESTS OF MEMBERS FIRST…
FMB State of Trade Survey findings:
I n the most recent State of Trade Survey from the FMB, a staggering 90% of members have seen their material prices rise and 60% have delayed jobs because they can’t get hold of skilled workers. The most recent State of Trade Survey from the FMB shows that growth in workloads, enquiries and employment levels are all continuing to contract, with enquiries dropping into negative territory for the first time since 2013, excluding the pandemic years. This means that across Northern Ireland, more builders are reporting a fall in enquiry levels, compared to the number seeing a rise. It comes at a time when the political world continues to provide a level of uncertainty, our builders are having to adapt, while also facing an unclear few months ahead due to inconsistent economic policies. The new data on Northern Ireland indicates that there continues to be
• 38% of builders in Northern Ireland experienced a decrease in workload in Q3 2022. • 50% reported there was no change in the level of workload since the last quarter. • 75% of respondents in Northern Ireland are having difficulties finding plasterers. • 63% are struggling to find carpenters or joiners. • 62% of FMB members have been impacted by a shortage of materials. • 20% of FMB members report an increase in the number of employees within their company’s workforce in Q3 2022. • At least one third of FMB members are struggling to recruit carpenters/ joiners, bricklayers and general labourers (43%, 38%, and 34%). • 90% of FMB members reported an increase in material costs in Q3 2022. • 88% of respondents expect material costs to increase in Q4 2022. • 76% of builders have put up their prices for work.
a reduction in enquiries with 25% of respondents stating they are receiving less enquiries overall for future work. The data also indicates that 38% of builders in Northern Ireland experienced a decrease in workload in Q3 2022, whereas 50% reported there was no change in the level of workload since the last quarter. Seventy-five percent of respondents in Northern Ireland are having difficulties finding plasterers and 63% are struggling to find carpenters or joiners. Gavin McGuire, Director of FMB Northern Ireland, commented, “Concerns over rising material costs and an uncertain economic picture seem to be influencing clients’ desire to commit to projects. Without a current working Executive in NI, budget promises and commitments to home building and energy efficiency programs have still to become reality. Industry needs these pipelines of work to be clear, to invest in training and deliver the projects our communities deserve.”
Federation of Master Builders, Unit 10, Kilbegs Business Centre, Plasketts Close, Antrim, BT41 4LY T: +44 (0)28 9446 0416 - E: fmbni@fmb.org.uk www.fmb.org.uk - www.findabuilder.co.uk
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