Newsletter - Links - Advertise - Contact Us - Privacy

Glenigans see construction industry stabilising

September 14 2009

Glenigans see construction industry stabilising
Industry analyst Glenigans are indicating that the construction industry in Scotland and Northern Ireland has “stabilised” after recent precipitous falls, attributed to both an injection of government cash into social housing, health, community and amenity projects alongside a “surge” in utilities work.

Year on year decline of construction projects starting on site between March and May hit a dizzying 30% but in August this figure dipped to a slightly less hairy 9% year-on-year decline.

Scotland has experienced a particularly large fillip from public sector spending whilst project starts continued to decrease in both London and the Midlands in August.

Glenigans expect the flow of new work to continue to improve through 2010 with spending on renewable energy, road and rail infrastructure leading the way.

Post your comments


All comments are pre-moderated and
must obey our house rules.


Back to September 2009

Search News
Subscribe to Urban Realm Magazine
Features & Reports
For more information from the industry visit our Features & Reports section.