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Office work uplift returns construction output to growth

Office work uplift returns construction output to growth

Office work uplift returns construction output to growth
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Office work uplift returns construction output to growth
Office work uplift returns construction output to growth
Office work uplift returns construction output to growth
Office work uplift returns construction output to growth
Construction news, jobs and co... Construction news, j... | 1 year ago
New commercial work drives output uplift for the first time since the pandemic
New commercial work drives output uplift for the first time since the pandemic
Recovery in office work drives surge in construction output
Recovery in office work drives surge in construction output
Recovery in office work drives surge in construction output
Recovery in office work drives surge in construction output
Construction news, jobs and co... Construction news, j... | 1 year ago
Private commercial new work alone surged 12% after a large monthly decrease of 7% in April, linked to office space refurbishments increasing, as employees return to offices. Government economists at the Office for National Statistics have also revised figures since the start of the year, ironing out the last reported 0.4% dip in output in April. Official statistics now put the industry into its the seventh consecutive month growth, following the upwardly revised increase (0.7 percentage point...
Private commercial new work alone surged 12% after a large monthly decrease of 7% in April, linked to office space refurbishments increasing, as employees return to offices. Government economists at the Office for National Statistics have also revised figures since the start of the year, ironing out the last reported 0.4% dip in output in April. Official statistics now put the industry into its the seventh consecutive month growth, following the upwardly revised increase (0.7 percentage point...
New work lifts construction output 0.4%
New work lifts construction output 0.4%
New work lifts construction output 0.4%
New work lifts construction output 0.4%
Construction news, jobs and co... Construction news, j... | 1 year ago
Number crunchers at the Office of National Statistics also upwardly revised previous output figures for July.ย  This moved the official figures from a 0.8% contraction in construction output to sluggish 0.1% growth for the month. The August rise in monthly output came solely from an 1.9% increase in new work, with repair and maintenance falling 2.0% on the month. Main drivers were infrastructure, private industrial and private housing new work, which increased 5.3%, 4.3% and 1.7%, respectively...
Number crunchers at the Office of National Statistics also upwardly revised previous output figures for July.ย  This moved the official figures from a 0.8% contraction in construction output to sluggish 0.1% growth for the month. The August rise in monthly output came solely from an 1.9% increase in new work, with repair and maintenance falling 2.0% on the month. Main drivers were infrastructure, private industrial and private housing new work, which increased 5.3%, 4.3% and 1.7%, respectively...
February storms dampen construction output
February storms dampen construction output
February storms dampen construction output
February storms dampen construction output
Construction news, jobs and co... Construction news, j... | 2 years ago
New infrastructure work slides 2.5% as working time lost to storms Dudley, Eunice and Franklin
New infrastructure work slides 2.5% as working time lost to storms Dudley, Eunice and Franklin
Construction output falls 1.4% halting 7-month growth spurt
Construction output falls 1.4% halting 7-month growth spurt
Construction output falls 1.4% halting 7-month growth spurt
Construction output falls 1.4% halting 7-month growth spurt
Construction news, jobs and co... Construction news, j... | 1 year ago
The decrease in the volume of monthly construction output in June came from falls in both new work (2.0%) and repair and maintenance (0.2%). At the sector level, the main drags were private new housing and private commercial new work, which fell 6.1% and 4.5%, respectively. Mid-term prospects for construction are also a concern after fresh order figures released for the second quarter by the Office for National Statistics also fell sharply by 10% or ยฃ1.2bn from April to June. Gareth Belsham, ...
The decrease in the volume of monthly construction output in June came from falls in both new work (2.0%) and repair and maintenance (0.2%). At the sector level, the main drags were private new housing and private commercial new work, which fell 6.1% and 4.5%, respectively. Mid-term prospects for construction are also a concern after fresh order figures released for the second quarter by the Office for National Statistics also fell sharply by 10% or ยฃ1.2bn from April to June. Gareth Belsham, ...
Seddon Construction returns to profit
Seddon Construction returns to profit
Seddon Construction returns to profit
Seddon Construction returns to profit
Construction news, jobs and co... Construction news, j... | 1 year ago
The recovery last year followed a strategic decision to maintain a sizeable pre-construction and bid resource during the Covid lockdowns. This paid off as pre-tax profit recovered to ยฃ2.1m after revenue jumped 27% to ยฃ166m last year. CEO Jonathan Seddon said: โ€œOur pipeline of work remained strong throughout 2021, which supported the company ethos to maintain a stable overhead base, but we continued to face many delays in moving projects forward into the construction phase, particularly wit...
The recovery last year followed a strategic decision to maintain a sizeable pre-construction and bid resource during the Covid lockdowns. This paid off as pre-tax profit recovered to ยฃ2.1m after revenue jumped 27% to ยฃ166m last year. CEO Jonathan Seddon said: โ€œOur pipeline of work remained strong throughout 2021, which supported the company ethos to maintain a stable overhead base, but we continued to face many delays in moving projects forward into the construction phase, particularly wit...
Output booming but construction buyers fear for future
Output booming but construction buyers fear for future
Output booming but construction buyers fear for future
Output booming but construction buyers fear for future
Construction news, jobs and co... Construction news, j... | 2 years ago
Business optimism sinks to 17-month low amid ongoing inflation and impact of Ukraine war
Business optimism sinks to 17-month low amid ongoing inflation and impact of Ukraine war
Construction output falls for second month
Construction output falls for second month
Construction output falls for second month
Construction output falls for second month
Construction news, jobs and co... Construction news, j... | 1 year ago
The slide in monthly construction output in July came solely from a decrease in repair and maintenance (-2.6%) as new work saw a slight increase (0.3%) on the month. At the sector level, the main contributors to the decrease were public housing new work, and public and private housing repair and maintenance, which decreased 13.1%, 8.0% and 2.6%, respectively. As well as a slowdown in these sectors, number crunchers at the Office for National Statisticsย  also blamed extreme heat for stopping w...
The slide in monthly construction output in July came solely from a decrease in repair and maintenance (-2.6%) as new work saw a slight increase (0.3%) on the month. At the sector level, the main contributors to the decrease were public housing new work, and public and private housing repair and maintenance, which decreased 13.1%, 8.0% and 2.6%, respectively. As well as a slowdown in these sectors, number crunchers at the Office for National Statisticsย  also blamed extreme heat for stopping w...
Construction output dips amid economic slowdown fears
Construction output dips amid economic slowdown fears
Construction output dips amid economic slowdown fears
Construction output dips amid economic slowdown fears
Construction news, jobs and co... Construction news, j... | 1 year ago
The decrease came from a fall in repair and maintenance of 2.4%, which was slightly offset by a 0.9% rise in new work. The main sectors dragging down overall growth were private housing repair and maintenance, and private commercial new work, which dropped by 6.5% and 3.8%, respectively. This hints at falling confidence about spending among home owners at large and commercial property developers. Though ONS economists blamed the drop in RMI work on a previous March high in the aftermath of sto...
The decrease came from a fall in repair and maintenance of 2.4%, which was slightly offset by a 0.9% rise in new work. The main sectors dragging down overall growth were private housing repair and maintenance, and private commercial new work, which dropped by 6.5% and 3.8%, respectively. This hints at falling confidence about spending among home owners at large and commercial property developers. Though ONS economists blamed the drop in RMI work on a previous March high in the aftermath of sto...
April construction output volume down 0.4%: ONS
April construction output volume down 0.4%: ONS
April construction output volume down 0.4%: ONS
April construction output volume down 0.4%: ONS
The voice of the UK mortgage i... The voice of the UK ... | 1 year ago
The data found that the decrease in monthly construction output in April came from a fall in repair and maintenance (2.4%), which was offset slightly by a rise in new work (0.9%). ONS explains that the fall is partly a by-product of the growth (3.0%) the previous month in March, because of the demand caused by the repair work experienced from storms Dudley, Eunice and Franklin in February. The main contributors to the decline were private housing repair and ma...
The data found that the decrease in monthly construction output in April came from a fall in repair and maintenance (2.4%), which was offset slightly by a rise in new work (0.9%). ONS explains that the fall is partly a by-product of the growth (3.0%) the previous month in March, because of the demand caused by the repair work experienced from storms Dudley, Eunice and Franklin in February. The main contributors to the decline were private housing repair and ma...