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Construction Market Activity February 2013

4th March 2013


News summary published in the website news pages of Voltimum.

 

The ONS has released its Output in the Construction Industry figures for December and Q4 2012. These figures show that the estimated total volume of construction output increased by 0.9% in Q4 of 2012 compared to Q3 of 2012. This week the CPA also released its Construction Trade Survey for February. Figures in the survey show that on balance 23% of building contractors reported a fall in output in the private commercial sector during the last quarter of 2012.

 

In contrast, and on a more positive note, Construction News has reported that contractors are more confident about the outlook for their business activity over the next 12 months as commercial activity begins to look up. A bit of brighter news is that the NSCC released its latest state of trade survey which shows that the outlook for specialist contractors in 2013 is becoming more positive as 36% reported an increase in orders in the last quarter of 2012.

 

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