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UK construction sector 2013 reviving

UK CONSTRUCTION SECTOR 2013 REVIVING A revival in building has boosted the UK's construction sector, says the Office for National Statistics. Construction, which along with services and manufacturing is one of the three main measurements of economic output, has long been the worst-performing sector since the recession began in 2008. Output Rose 4.6% in April 0.3% growth in the first three months of 2013 On a seasonally-adjusted basis construction output rose 4.6% in April compared with March, then flattened out in May, the ONS says. The figures make it more likely that the UK economy will grow in the second quarter, building on its 0.3% growth in the first three months of 2013 output in May was still BUT 4.8% lower than in the same month last year. Construction output has fallen 18.9%, compared with a 3.9% fall in gross domestic product (GDP) over the same period. Construction volumes fell to £23.7bn in the first quarter of 2013, its lowest level since 1999, says the ONS House prices have also shown signs of a sustained recovery, while a recent survey from the British Chambers of Commerce said business confidence was at a six-year high HOUSING "Any positive contribution from the Housebuilders have been buoyed by the construction sector in the second quarter would feel like a bonus for the UK economy, given the sector's prolonged struggle government's Help to Buy scheme, with Barratt recently reporting that its sales rate was up 17.9% in the first six months of 2013, and up 34.7% since the launch of the scheme in April. ..said MR ARCHER. 2013 IS LOOKING GOOD! The UK economy is forecast to grow by 0.9% in 2013, according to the International Monetary Fund. Source: SJH-All Plant Group Ltd http://www.bbc.co.uk/news/business-23288081 PLANT & MACHINERY SALES

UK construction sector 2013 reviving

shared by taylordavies8788 on Oct 29
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A revival in building has boosted the UK's construction sector, says the Office for National Statistics, with 0.3% growth in the first 3 month of 2013.The International Monetary Fund has stated that t...

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