Monday, 17 November 2014

Construction Industry Boosted By Surge in Public Sector Housebuilding

A surge in public sector housebuilding helped the construction sector return to health in September, according to official figures.  Housing Associations and other publicly funded bodies reported their biggest monthly jump in building activity since 1997. Alongside an increase in factory and infrastructure building, that helped boost the construction sector to a 1.8% rise in output during September, after a 3.0% decline in August. Annual growth reached 3.5%. The Office for National Statistics said a strong flow of housebuilding over the last year was single biggest factor in revitalising the sector, after a 22.3% increase in activity since September 2013. Read more on the Guardian website.

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