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CPA says ONS data not reflected by industry surveys

The Office for National Statistics (ONS) has reported falls in construction output for Q4 of 2014 and Q1 of 2015, suggesting that the construction industry has technically entered recession.

However, the Construction Products Association (CPA) has pointed out that the official data contradicts a growing body of recent evidence from itself and other industry sources. Several independent organisations, including Experian and Markit /CIPS, have similarly reported growth in construction activity. These findings were reinforced last week by the Bank of England, which published its latest Inflation Report highlighting concerns with the comparative figures.

The CPA originally wrote to the ONS to raise this issue following the release, in April, of the original Q4 estimate. The CPA and ONS met in early May, and are currently working together to address this matter.

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...

  01-Apr-2021

Thunder: the full inverter reversible R290 heat pump from 40 to 85 kW

Thunder is the newest solution from Clivet, designed with full-inverter technology on latest-generation scroll compressors and axial fans....

  24-Apr-2024

Customised Consulting TM44 Inspection Services

Customised Consulting are accredited to provide TM44 Inspection Services ((also known as Air Conditioning Energy Assessments (ACEA)) for both simple (level 3) and complex (level 4) systems for buildings and can provide competitive quotes in Weybridge, Surrey, Sussex, London and Kent.
  25-Apr-2024
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