Construction output builds for seventh quarter in a row
The final three months of last year saw the building industry grow for the seventh quarter running, according to new figures from the Construction Products Association (CPA).
It said that nearly half (44%) the contractors surveyed reported that their output was higher in the final quarter of 2014 than it was during the same three-month period of 2013.
Over half (53%) of those polled say their work on private housing projects increased during October, November and December 2014, despite reporting an 11% in repair and maintenance work.
Worryingly, despite this growth, their survey also warned of a skills shortage on the horizon. Nearly three-quarters (70%) of the contractors surveyed say they are having difficulty finding enough bricklayers, compared to the 41% who were having trouble during the third quarter of 2014.
Dr Noble Francis, economics director at the CPA, said news of the latest growth confirms the fact that the building sector is performing more strongly than at any other time since 2008.
He said: “Looking forward, contractors expect continued strength in private housing and commercial this year, boosted by public non-housing as a stream of work on the Priority Schools Building Programme gets under way.