19 February 2014

ONS statistics show continued construction recovery

According to figures from the Office for National Statistics published on 14 February, construction output in Q4 rose by 0.2% compared with Q3 and was 4.4% higher than a year earlier.
Economics director at the Construction Products Association (CPA), Dr Noble Francis, said: 'The latest construction output figures for Q4 indicate that activity rose for the third consecutive quarter for the first time since 2010. Although the quarterly increase was marginal, it provides further evidence for the continuing recovery in construction.'

He continued: 'Private housing was the key driver of the Q4 construction output growth due to wider UK economic recovery and rises in housing demand from government policies such as Help to Buy. Output in the sector increased 4.5% in Q4 compared with Q3, rose 19% compared with a year earlier and reached its highest level since 2008 Q2.

'Infrastructure output also rose in Q4, by 1.3% compared with Q3. However, it still remains 1.4% lower than a year earlier as previous announcements from government, of large capital investment and projects, have so far been unable to provide a considerable increase in activity on the ground.'

Dr Francis added: 'Construction output growth in Q4 was highly constrained by work in the public sector and repair and maintenance. Activity in public non-housing, which primarily covers education and health, fell 3.8% compared with Q3 and was 2.8% lower than a year earlier due to the impact of austerity cuts. Repair and maintenance output fell by 0.5% in Q4 compared with Q3. Although the sector is not high profile, it is still worth £10 billion each quarter and accounts for 37% of total construction. Therefore, the fall in repair and maintenance had a large impact on the overall growth figure for construction.'

World Refrigeration Day

Industry has embraced the inaugural World Refrigeration Day (WRD) with events happening all over the world....


Humidity Solutions recognised in Parliamentary Review

Humidity Solutions has been featured in the September release of the Parliamentary Review which highlights the best practice of organisations across both private and public sectors....


Qualitair Premium Cellar Cooler launched.

From Qualitair the new Premium cooling system has unique features not available with the competition.
ACR News is the number one magazine in the air conditioning and refrigeration industry. Don’t miss out, subscribe today!
Subcribe to ACR News


Hampshire Cool Talk Breakfast Briefing
Queen Mary University "Enhanced condensation heat transfer" Huasheng Wang
HVR Awards
IoR Northern branch annual dinner
IoR Scotland annual dinner