The Builders Merchant Building Index (BMBI) has launched a new website providing visitors with its latest monthly and quarterly indexes and reports.
Launched by MRA Marketing, the BMBI uses data from GfK’s General Builders’ Merchant Panel, with input from national and regional builders’ merchants accounting for over 80% of industry sales. According to BMF Managing Director John Newcomb, the Index was launched to ‘improve and develop understanding of [the building industry’s] markets outside the industry.’
In addition to offering quarterly indexes, the BMBI website provides comments from BMBI Experts on industry schemes, regulations and policies, and allows visitors to get in touch with them directly.
The BMBI Experts – chosen supplier members of the Builders’ Merchant Federation – add perspective and context to the reports, explaining trends, issues and opportunities.
The site features an interactive chart facility which enables visitors to view trends and compare different market sectors.
John Newcombe continued: “Using gold standard data from GfK’s Builders’ Merchant Panel and industry Experts who speak for and explain their markets, we have a reliable and valuable tool for putting our industry and its significance firmly on their map.”
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The latest Builders Merchant Building Index (BMBI) report shows builders’ merchants’ value sales in October were up +1.2% compared to the same month last year.
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