Research shows increased work for trades

New research from Powered Now has shown post-lockdown growth in productivity in the UK’s trade workforce. Figures for July found that nearly half (46%) of tradespeople saw their workload increase, and new data suggests that 15% of tradespeople are the busiest they have ever been, with a further 16% saying that the threat of a second wave would not deter them from commencing with jobs that they had lined up.

The construction sectors have been experiencing a V-shaped recovery, with economic forecasts so far providing a more optimistic outlook. Latest PMI Construction Index figures have shown that construction output in August was 54.6%, which, while being a decrease from the 58.1% recorded in July, it has shown that firms are growing, with figures over 50% highlighting this.

Powered Now believes its research indicates that the productivity of tradespeople is stabilising the recovery experienced in the trade sectors.

Key Statistics
• 15% of tradespeople have seen their client demand reach their highest levels ever, post-COVID
• 16% of tradespeople agree that the threat of a second wave of COVID has influenced them to commence work on home improvements sooner rather than later
• 17% of tradespeople regularly work over 10 hours a day
• 16% of tradespeople agree that they lose out on business due to extensive administrative tasks, such as chasing invoices
• 18% of tradespeople don’t have the time or motivation for new business development due to the sheer backlog of work they have
• 16% of tradespeople agree that a potential second wave of COVID has made them more motivated to work, and therefore won’t be taking a holiday in 2020

Ben Dyer, CEO of Powered Now, comments: “It’s incredibly encouraging to see the UK construction market continuing to recover from the shutdown. The PMI data mirrors what we are seeing at Powered Now, a continued demand for services fuelled by a record housing market. This is great news, and it just goes to show how important these sectors are when it comes to recovering from the problems caused by Covid-19.

“The whole industry is still in catch-up mode and the various projects that were delayed by the lockdown are now taking priority. This has helped to spike demand and we expect it to continue in the short term. Our research has entirely confirmed that tradespeople and consumers alike are very much eager to sustain this growth.

“Our SME customers are also talking about the pressure to complete jobs as people worry about a second wave. As we have seen from the sentiments established in this research, tradespeople are more motivated to work and are commencing their work on home improvements even sooner. These concerns are also sure to help the sector bounce back even quicker as people will rush to hire a tradesperson for their desired work.”

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