Following last week’s much healthier PMI index, I was delighted to see the report in Scottish Construction Now which told us that, “The UK construction sector continued its tentative post-lockdown recovery with an 8.2% rise in output during May 2020 after the record decline of 40.2% in April.”
Since then, I have been doing some (unscientific) digging into the trade journals’ headlines, looking back over the last few weeks to see whether sentiment is more, or less, favourable than a few months ago. With the proviso that this is, as I said, unscientific, it does appear that there are more good news stories being reported at present. Whether this continues over the next few months will depend on the progress of the virus…
For example, Project Scotland’s current news pages over the last few weeks have included the following headlines:
Over at Scottish Construction Now, we have:
I fully expect much more of the same over the next few weeks and months, albeit tempered with some less good news about firms going under and setbacks in the government’s strategy to combat the spread of Covid-19. Let’s not pretend. It’s going to be tough. But the excitement is still building.
Chris Peace, MD, Peace Recruitment
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