Small and mid-sized construction industry manufacturers saw their average sales revenue drop by more than 52% in the final quarter of last year, from nearly 拢562,000 to just over 拢268,000, according to new figures from inventory management software provider Unleashed.
The number of purchase orders placed also fell by nearly a third from 256 to 174, while lead times were slightly up quarter-on-quarter 鈥� from 15 days to 16.聽
The research also shows that sales revenues were down by almost 35% compared to the same period last year, and purchase orders by 3.3%.
Unleashed analysed data from 12 manufacturing categories. Across all the categories, average sales revenue dropped by more than 40% in the final quarter of 2024, from 拢468,215 to 拢275,953. The number of purchase orders placed also fell by nearly half, from 322 to 167.
Sales revenues were down by almost 22% compared to the same period last year, and purchase orders by nearly 18%.
Suppliers in the energy and chemicals market were hit hardest, seeing the sharpest decline in both sales revenue and POs of any manufacturing category. Quarter-on-quarter sales revenue was down by 63% from 拢587,148 to 拢219,024, while purchase orders dropped by 64% from 339 to 121.
.gif)
