35th Anniversary – what a year!

 

2016 was a really great year for the construction industry and for Euroclad.
In a year of tumultuous politics, the construction industry has stood firm and in December enjoyed the fastest growth in new orders in almost a year.

Good news from 2016:
The construction purchasing managers’ index rose to 54.2 in December from 52.8 in November, signalling stronger expansion
Markit/CIPS UK Manufacturing PMI report rose to 56.1 in December (a 30-month high!) from 53.6 in November. That was well above the 50-mark separating growth from contraction and beat forecasts for 53.1 by economists in a Reuters poll

The UK:

  • economy grew by 2.2% in 2016, securing a seventh consecutive year of growth since the recession. The economy is now 8% bigger than pre-recession
  •  is expected to have grown faster than any of the leading industrial economies
  • exported £531bn worth of goods and services between October 2015 and September 2016
  • 168,210 new homes were built between April 2015 and March 2016
  • House prices increased on average by 6.9%
  • 342,000 more people in work

Sources: The Guardian, The FT, Department for Communities and Local Government, ONS.

As a business we celebrated our 35th Anniversary in 2016 and enjoyed a great year, with new faces throughout the company providing added impetus across all functions. Some of the completed projects from 2016 that featured Euroclad and/or Booth Muirie products were staggering in their beauty/size/function (delete as appropriate). A big thanks to all of our customers and supply chain partners. Your success is our success, so let’s make 2017 an even better year.

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