More grim news for construction
Published: 12 March, 2012
LONDON: The latest ONS construction figures released on Friday show output continued to fall in January down 12% on December.
And for the three the months ending January, output was 11% down compared to the previous three months.
Noble Francis, economics director at the Construction Products Association said: "What is extremely disconcerting is that while public sector construction activity has fallen 12% in the three months to January compared to the previous three months, private sector construction has fared almost as badly, falling 10% over the same period.
"The government has made much play on private sector construction leading the recovery, as the public sector cuts begin to bite. Unfortunately from the ONS data out today, this recovery is just not happening and even commercial activity, usually the largest private construction sector is showing a fall of 11%."
It is imperative that the chancellor uses the budget to boost construction activity, Mr Francis said.