Friday, 21 April 2017

UK Construction Market Update - March

The ONS have released their Construction Output in Great Britain: February 2017 figures, showing that construction output fell by 1.7% compared to January 2017; however output grew by 1.5% on a quarter on quarter basis, making this the 4th consecutive period of growth. Substantiating this positive view the Glenigan Index March 2017 shows value of work starting on site in the 3 months to March was 2% higher than during the same period a year ago, and 2% higher than the final 3 months of 2016.