Barbour ABI in response to the ONS Construction Output figures for September and Q3 2014

In response to the ONS Construction Output figures for September and Q3 2014, Michael Dall, lead economist at construction intelligence specialist, Barbour ABI said:

“Today’s figures are welcome news and confirm longer term growth for the industry. Despite signs of a cooling housing market, activity within the sector is still strong. In fact, as well as today’s growth in output, our data shows that contracts awarded for new homes are up 34 per cent on last year. In addition, the levels of output in the infrastructure sector is a further boost to the industry. Perhaps this is evidence of projects in the pipeline beginning to translate into activity on the ground.”