Contact Us
  • This field is for validation purposes and should be left unchanged.

Commercial Work Lifts Construction Activity

The resilient demand for commercial work and infrastructure projects is allowing the construction sector to remain in a period of growth.

UK Construction Output

Despite a decline in house building projects, the construction sector recorded growth for August which was mostly due to a rise in commercial and civil engineering activity.

Forecasts predict a fall in construction sales volume for the remainder of the year however, the upturn in construction output for the previous month offers a more promising outlook for the coming months ahead.

Construction Purchasing Managers’ Index

At an index score of 50.8 for August, down from 51.7 in July the overall construction output has only declined very slightly which given the lack of house building currently affecting the industry, suggests that the sector as a whole is progressing well in uncertain times.

Areas that saw the biggest increases were commercial building and civil engineering, remaining at the same index score of 52.4 recorded in July, the highest it had been for five months prior.

Construction Industry Outlook

Although there are concerns throughout the construction industry that house building could continue to fall due to a number of factors including increasing interest rates and cutbacks, the resilient demand for commercial work and infrastructure projects is allowing the sector to remain in a period of growth, albeit slower than in previous months.

Construction Industry Leaders

Our in-depth industry knowledge and experience, plus an unwavering commitment to providing reliable and professional services, has led the Mick George Group to become the number one choice in the Construction Industry.

Mick George Construction

The latest from social media

Get the latest news & offers

Your web browser is out of date.

It is not updated anymore for
Please download one of these up-to-date, free and excellent browsers: