ACR-News
Know what you want? Try our 'Supplier Directory' 

Uncertainty prevails in construction sector

ONS figures have shown that construction output increased 0.5 percent month-on-month in April, although output was 3.3 percent lower compared to April 2017, and on a rolling three-month basis contracted by 3.4 percent in the largest fall since August 2012.

Alongside this, new orders in Q1 fell 4.6 percent quarter-on-quarter and 6.6 percent in annual terms.

Rebecca Larkin, senior economist at the Construction Products Association, commented: “The 0.5 percent rise in April reflects an element of catch-up after the combination of Carillion’s liquidation and the bad weather in February and March. This seems like a false positive, however, as output remained weak compared to April last year, with the 3.3 percent fall equivalent to a £430 million reduction in construction work.

“Only the private housing and industrial sectors recorded growth, the former driven by the traditional spring selling season and the latter due to shorter lead times in factories and warehouses construction.

“The new orders data confirmed an underlying weakness at the start of the year unlikely to be due to the weather. Private housing, industrial and public non-housing new orders increased during Q1, but large falls in the infrastructure and commercial sectors, which account for almost one-third of total construction, are set to act as a drag on growth.” 

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

Enter the Clivet Assen Superbikes Competition!

Win hotels, flights, and VIP Tickets for two to watch Mikey Hardie #93 up close and personal and have the VIP Experience at British Superbikes in Assen, Netherlands....

  22-Apr-2025

Sanhua’s REVOlution for supermarket refrigeration

SANHUA is proud to present its latest innovation in refrigeration technology – the REVO series of controllers. Designed to provide a wide range of applications, the REVO controllers offer high performance and efficiency, ensuring that your refrigerated cabinets maintain optimal conditions for fresh food preservation.
  02-Apr-2025
ACR News is the number one magazine in the air conditioning and refrigeration industry. Don’t miss out, subscribe today!
Subcribe to ACR News

Diary

UK Construction Week
BESA Annual Conference & Awards