Scottish builders report confidence at peak levels

According to a new survey conducted by the Scottish Building Federation, confidence in the construction industry in Scotland is at the highest level for the past seven years. This comes on the back of an increase in the number of projects on offer and an influx of work. The results for the latest quarter are the eighth in a row and show that confidence is rated positive overall, although there are many challenges to face.

The Scottish Building Federation was launched in 2008 to examine conditions within the industry in the country. Over the last seven years they have surveyed businesses to determine their levels of confidence and the issues they were facing such as the availability of jobs, labour supply and other important issues. The latest quarterly report shows that confidence is now at the highest point it has been since the SBF started examining the market.

The Federation of Small Businesses (FSB) also had similar findings in terms of the amount of positivity felt amongst companies. There are many factors causing this, including a reduction in costs due to the falling price of fuel and utilities. The lower costs are coming at a time when the supply of work is good, allowing revenues, profits and wages to all rise.

The conditions make the market favourable for builders across Scotland, including both large and small companies. The only downside that the FSB highlighted is a potential lack of employees. This could restrict the growth of companies and means more effort is needed to encourage people to work in the construction industry.

At Johnston Property Maintenance we have a talented team of builders and invest heavily in them to ensure they can deliver the best services. We can draw on our extensive expertise to handle both large and small projects, dealing with all aspects of building and property maintenance in Stirling and beyond. Whatever you are building, you can put you faith in us to deliver the best quality work.