The economic picture is still a mix of positive and negatives. Output is growing and the UK economy is recovering faster than previously thought, but this is putting pressure on resources. However, we should question how likely these pressures are to endure, especially in light of the fall in pricing of American timber. This shows how volatile a lot of indicators are currently, suggesting that the recovery is not a certainty yet and demand is fickle.
This volatility could become more important and pronounced when government support is reduced over the coming months, and companies making use of the furlough scheme have to increase their contributions from next month. Changes to the financial security of firms and individuals could change demand and spending patterns.