Latest news
Quarter two construction output increases
The latest Gross Domestic Product (GDP) figures, which measure the growth of the economy, should be good news for painters, decorators and other tradespeople.
Published by the Office for National Statistics, they show that construction output rose by 0.5 per cent in the second quarter of the year - the first increase of its kind since 2010.
The higher level of activity in the industry over the last three months has significantly contributed to the UK's overall GDP increase over the second quarter.
"Growth in private sector construction has finally begun to recover," commented Michael Ankers, Chief Executive of the Construction Products Association.
"Construction work is also very much focused in the South East and particularly Greater London where there are major projects such as the Olympics, Crossrail and a number of major commercial developments."
To find out more, visit: www.constructionproducts.org.uk.
Related articles
You may also be interested in the following articles
Want to post a comment? Please login below, or if you are not a user of TradeXpress please register now.


Comments (0)
There are no comments