The latest Glenigan Construction Review (May 2025) reveals a mixed outlook. Project-starts are up 33% over the last three months, offering a welcome uplift after a tough Q1.
But behind the spike lies a more complicated picture:
- Main contract awards are down 10% year on year
- Overall project activity is 17% lower than 2024
- A 52% spike in planning approvals is linked to just one major project!
So, while green shoots are emerging, market volatility and political uncertainty continue to shape the road ahead.
This month’s Review helps to uncover where momentum is building and where confidence is still lacking. For firms in the West Midlands area, early insight into these trends is key to building a more resilient pipeline.
With the pipeline narrowing, a full view of the market is more valuable than ever for shaping effective strategy.