An industry survey carried out by the Scottish Building Federation has shown confidence within the Scottish construction industry is at its highest level in at least seven years.
The Federation’s Scottish Construction Monitor survey found that confidence has reached a record high due to an influx of new work and the provision of training grants for new apprentices.
The survey asks employers how confident they feel about their company’s future over the year ahead in comparison to the previous year. The results show that Scottish building employers’ confidence has now been rated positive overall for the eighth consecutive quarter.
Scottish Building Federation Managing Director, Vaughan Hart commented: “It’s encouraging that employers’ confidence about their future prospects is continuing to rise.
“The results are particularly striking against the backdrop of recent reports that overall business confidence in Scotland has declined due to falling profits.
“In construction, there can be no doubt that margins remain very tight but there is at least a supply of new work out there now, which certainly wasn’t the case two years ago.
“As we’ve said before, certain sectors of the industry are faring better than others and we’re concerned that industry employment is lagging significantly behind output.
“I’m encouraged that employers view apprenticeships as a top priority for future investment from the industry levy.
“Hopefully, this finding will add strength to CITB’s arm in prioritising apprenticeship funding as it reviews the future training needs of the industry.”
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