Public sector construction propping up output, finds report
A new report from SCAPE, analysing ONS data, found while public sector projects have remained stable and are 9% up on pre-recession levels, helping support the whole industry. However, private sector construction is 31% below where it should be based on trend up until 2008.
The report also found that planning applications are 19% below pre-recession levels, with the cost of materials rising 18% over the same time period.
Mark Robinson, group chief executive of SCAPE, said: ‘Some progress has been made but the construction industry is not out of the woods yet. Looking back over 17 years it is clear to see that after a period of more or less consistent growth, the recession sent shockwaves through the industry and we have not yet recovered.
Some progress has been made but the construction industry is not out of the woods yet.
Mark Robinson, SCAPE, Group Chief Executive
‘Even with the recent upturn, we are still significantly below where construction output should have been if the pre-recession growth had continued.’
Peter Hansford, the Government’s chief construction adviser, added that the report demonstrates the importance of the public sector development projects, especially during periods of financial uncertainty.
Related News & Blogs
TeamSCAPE win at National Social Value Awards 2021
We’re thrilled to receive the Framework Leadership Award at the 2021 National Social Value Awards....
Adapting to meet the demands of Covid-19
Original plans to repurpose a former maternity ward into a flexible decant ward space were adapted...