Steady Growth in Construction Sector
The UK Construction sector has maintained steady growth in the year so far…
Small Business News – 7th September 2007
According to figures released by the Department for Business, Enterprise & Regulatory Reform, formerly the Department for Trade and Industry, the UK has maintained steady growth in construction for the year so far.
Total volume of construction to the end of Q2 2007 rose by 3% compared to the same period in the previous year.
The total volume of new work in Q2 of 2007 saw an increase of 6% compared to Q2 2006 and a rise of 3% compared to Q1 2007.
Repair & Maintenance work dropped by 1%.
New construction work in the private sector was up 7% compared to Q2 of 2006 but down 1% against Q1 2007.
New work in the private commercial sector was up 15% with Q2 in 2006 and 5% up on Q1 of 2007.
Public sector non-housing (excluding infrastructure) was down 4% against Q2 of 2006 but up by 2% compared to Q1 of 2007.
Public sector housing repair & maintenance rose 3% with Q2 of the previous year but was down by 10% from Q1 of 2007.
On the othe rhand private sector housing repair & maintenance was down 3% on Q2 of 2006 but up 5% on Q1 of this year.
Employment overall in the construction sector is 1% higher than in July 2007 than in July 2006.