Professional Concrete & Bricklaying Tools
concrete rake Saleconcrete rake Sale
01722 416196
images/basketView Basket
0 item(s) | £0.00
Exc VAT Inc VAT
Currency GBP Euros US Dollars Aus Dollars

UK Husqvarana Dealer
 
Print-friendly version

Construction output 'to stay flat this year'

Published on: Monday, 08 March 2010 11:00AM | Author: Editor |
/images/builder_2977_19654972_0_0_7015266_300
Users of concreting and bricklaying tools have been advised that construction output is likely to stay fairly static in 2010.

The Office for National Statistics (ONS) stated this week that the overall output in the sector dropped by 1.1 per cent between October and December 2009.

According to the Royal Institution of Chartered Surveyors (Rics), this demonstrates the ongoing strain the construction industry is currently under.

Simon Rubinsohn, chief economist at the group, said activity in the sector is likely to be further hit by efforts to scale back the UK's budget deficit after the general election.

As a result, he believes construction output over the next 12 months "is likely to be broadly flat".

The latest figures come after a report from the Chartered Institute of Purchasing and Supply said the construction sector is still in recession.

This is despite the fact the UK economy grew by 0.3 per cent during the last quarter of 2009.
ADNFCR-2977-ID-19654972-ADNFCR

Share This: | More


Related Articles
news Housing minister an "enormous bonus" for concrete formwork users
Although newly-appointed housing minister Grant Shapps has not been offered a place in the cabinet,...
Published on: Monday, 17 May 2010 06:00PM
news Cabinet minister hails boost to construction sector
A surge in construction activity, which should see items such as bricklaying tools and concrete...
Published on: Thursday, 14 January 2010 06:00PM
news Scottish government ploughs money into construction industry
Bricklaying tools and concrete trowels will be in high demand in 2010 as the Scottish Government...
Published on: Monday, 19 April 2010 04:00PM
news New York to build second Empire State Building
The famed New York skyline looks set to change in the near future as the city council has just...
Published on: Thursday, 26 August 2010 02:00PM
concrete tools
 
concrete and bricklaying news