All construction growth articles
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CommentLatest ONS construction data point to growth in 2011 – that’s not what the industry thinks
The ONS need to explain why their output figures are so much more optimistic than other market indicators
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CommentLacklustre construction output figures point to decline
Hopes of significant growth in Q2 were dashed after ONS admitted getting its sums wrong
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CommentForecasters’ views vary on depth and length of construction’s second drop into recession
Hewes forecast expects no growth before 2013 in any private sectors other than industrial
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CommentConstruction industry is forecast to face a second double-digit decline
Forecast from Hewes & Associates suggest industry will decline by nearly 6% next year
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Comment
And the slump goes on …
The UK economy shrank by another 0.8% in the second quarter, according to preliminary figures. While the drop was markedly slower than the 2.4% decline in the first quarter of this year, it was still a much sharper contraction than many analysts had hoped for. It also marked the fifth ...
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Comment
Hopes of a recovery on shaky ground
You’d be forgiven for thinking that the latest CIPS/Markit Purchasing Managers’ Index (PMI) would provide a better read than June’s figures. After seeing the rate of contraction ease consecutively for four months, the PMI took a turn for the worse fuelling speculation of a ‘w-shaped’ recession.Coming in with a reading ...
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Comment
Output figures signal more bad news
The ONS released preliminary estimates of GDP for the first quarter of 2009 and it wasn't pretty. Estimates from macroeconomic forecasters had suggested that GDP would fall 1.5%-1.6% in Q1 compared to the previous quarter. In fact, it was 1.9%. Within the GDP fall in the first quarter, construction fell ...