Watts Bulletin (Issue 120)

29/01/2010

Welcome to the first issue of Watts Bulletin for 2010. We are only too aware of how testing the last year has been for our industry. Construction contracted for the twenty-second consecutive month in December but at last we may be seeing the emergence of those long- awaited green shoots. Noble Francis, economics director for the Construction Products Association, was quoted at the end of last year (source: Building) saying product manufacturers are still reporting falling sales but the decline is slowing. This contrasts favourably with figures for the first half of 2009 when sales went into freefall across the industry.

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