Construction provides essential boost to economy

Latest News Fri, Nov 12, 2021 7:42 AM

The Office for National Statistics (ONS) latest figures for UK construction showed a monthly output growth of 1.3 per cent in September 2021.

Both new work and repair and maintenance created a surge of activity for September (increasing by 1.3 per cent and 1.2 per cent respectively).

The boost in new work is primarily due to non-housing repair and maintenance, public other new work, infrastructure new work and private housing new work. Like recent months, infrastructure continues to be the only new work sector where the level of output was above the February 2020 level.

CIOB expects this trend to continue while business confidence remains low.

It was predicted at Autumn Budget that we would see a strong return in GDP towards the end of 2021. Figures by the ONS demonstrate that the UK economy grew stronger in September than initially projected. This is due to a growth from both the service industries and the construction industry.

Hew Edgar, Associate Director of Policy at CIOB, said: “We are pleased to see that the month of September has seen the construction industry gain some momentum against the backdrop of a difficult quarter for many, which is also reflected in today’s GDP figures.

“The materials and labour shortages are leading to rising costs and continue to be a burden for many construction firms, but this is not the time for the industry to cut corners - far from it.

“CIOB is clear that quality must remain at the heart of the industry and at the top of the Government agenda if we want to emerge from this pandemic with a healthy built environment.”

Featured News

Specification news
BBA Announces Shortlist for the Inaugural BBA...

The British Board of Agrément (BBA) has announced the six finalists for the first...

Read More >>

Specification news
Technical expertise that supports better quality metal...

Expert-authored Guidance Documents and online CPDs published by the MCRMA – the...

Read More >>

BUILDING PRODUCT LIBRARY - LATEST BROCHURES

CemGold Brochure

CemGold
By IPP

Download Now >>

Mada ProGuard Brochure

Mada ProGuard
By IPP

Download Now >>

Scandinavian Furniture Thoughtfully Made  Brochure

Scandinavian Furnitu...
By BJELIN

Download Now >>

Fire Rated Loft Ladders  Brochure

Fire Rated Loft Ladd...
By Premier Loft Ladders...

Download Now >>

Flooring Collection 2026 Brochure

Flooring Collection...
By Gerflor

Download Now >>

BUILDING PRODUCT DIRECTORY - LATEST PRODUCTS

Magply multi-functional board
Magply multi-functional board

Rainscreen CladdingAs a high performance, multi-functional board Magply features a Magnesium...

Read More >>

Magply recovery and protection boards
Magply recovery and protection boards

Magply recovery and protection boards have been developed to meet the roofing industry needs for a...

Read More >>

Safeshield XT Reflect
Safeshield XT Reflect

Safeshield XT Reflect is an A2-s1, d0 fire rated construction membrane for the use in high risk,...

Read More >>

CONSTRUCTION VIDEOS - LATEST VIDEOS

Fortitude™ Steel Railing Systems: Adjustable Off-the-Shelf Balustrade Guide
Fortitude™ Steel Railing Systems: Adjustable Off-the-Shelf Balustrade Guide

Fortitude Steel Railings and Balustrades are one of the most versatile, off-the-shelf, steel...

Watch Now >>

Pro-Railing® Stainless Steel Handrail Systems: 6 Modern Balustrade & Glass Railing Solutions
Pro-Railing® Stainless Steel Handrail Systems: 6 Modern Balustrade & Glass Railing Solutions

Pro-Railing® – our Stainless Steel Handrail Component System with six stunning ranges to choose...

Watch Now >>

Why Professionals Choose Outdure QwickBuild | Aluminium Deck Frame Case Study
Why Professionals Choose Outdure QwickBuild | Aluminium Deck Frame Case Study

This case study explores a stunning designer terrace featuring the Outdure QwickBuild system,...

Watch Now >>