Our monthly Market Insights Report based on 31 July data is available now. This month we have included graphs that show the performance of the total Construction industry, compared to consent data. Open the report to discover the lag period between consents and sales data.
CreditWorks recently presented at the Constructive Forum in Auckland. In a panel that included both commercial and residential builders, the message was the same – the construction industry is facing challenges.
But another message from attendees was they are adapting to the environment, and opportunities are still available in the segment.
Some interesting facts raised during the forum:
- Industry is worth $24b per annum
- Over 540,000 are employed in the wider construction segment
- New RMA has 1,300 pages!
- On employment in the construction industry: 24% have been in less than one year and 20% less than 2 years
CreditWorks Group holds New Zealand’s largest trade database, and we have the very best view of commercial credit performance from civil/foundations through the entire building process to fitout and finish. Discuss with us today how we can help you with comprehensive credit reporting and monitoring of your customers. Our goal is to help you grow sales while minimising risk.
Please note that due to the vast amount of data required to produce these reports, most of which is accessed from a multitude of external sources, there is an inevitable time delay in their generation. However we prefer to defer their publication in favour of ensuring greater accuracy.