The CPA State of Trade Survey reports the results of the Association’s quarterly survey of construction products manufacturers, providing a timely assessment of current and expected conditions in the sector.
The Construction Products Association’s latest State of Trade Survey for 2023 Q4 showed that manufacturers ended last year with a further fall in construction product sales on both the heavy side and light side – the sixth consecutive quarter of decline for heavy side manufacturers and the second fall for those on the light side. Manufacturers anticipate sales will decline over the next 12 months, citing a clear concern over the weak demand expected in 2024.