Construction output drops, but market remains confident
The latest statistics from the Office of National Statistics show that construction output has dropped in the three month on three month series.
A small drop of 0.8% has been recorded, which has been driven mainly by drops in private commercial and public new work.
However, levels still remain high with output still hitting a high against the low of 2013. The industry is still going forward with levels at 27.3% above this low point.
Martin Bennett, Main Board Director of The Vinden Partnership, said: “The latest ONS results just reflect just how volatile an industry construction is. This fall has occurred despite a rise in the month-on-month time series, with construction output rising 0.6% after two consecutive months of decline.
“Construction output peaked in January 2017, reaching 29% above January 2013 and despite the three month on three month series falling with these latest statistics, construction output remains 27.3% above this level.
“Strides are being taken in housing and infrastructure work which should continue to drive the industry and bring increases to output with the next statistics released.”
Related Press Releases
Reaction to the latest IHS Markit/CIPS UK Construction PMI figures.
The Vinden Partnership reacts to October's figures.
With the latest IHS Markit/CIPS UK Manufacturing PMI® statistics being released this week, feelings from the sector remain
Peter Vinden comments on ONS latest statistics for the construction industry to year-end 2016.
Vinden reaction to IHS Markit/CIPS UK Construction PMI.
Vinden reaction to latest release from ONS shows that the construction market has contracted once more in the
Offering independent assistance in identifying defects and advice on their resolution.
The latest IHS Markit/CIPS UK Construction PMI figures have been released, showing that the construction market is continuing
The Vinden Partnership says construction industry feeling impact of General election and Brexit uncertainty.
The latest UK Construction PMI figures reveal growth in the industry suffered a slowdown.
The Vinden Partnership calls for political stability as construction industry braces for period of uncertainty
A number of key appointments made in its dispute resolution and banking services teams.
The Vinden Partnership says the construction industry can take many positives from the latest figures.
This is according to the latest figures from the Office of National Statistics.
The Vinden Partnership says industry growth a result of investment in infrastructure.
The Vinden Partnership expects infrastructure and housebuilding sectors to bounce back.
The Vinden Partnership expects the civil engineering sector to perform strongly in the coming year.
The Vinden Partnership says infrastructure and housing sectors should continue to see sustained growth.
"This was very much a ‘diet’ budget without too many surprises from the Chancellor".
The Vinden Partnership expects the housebuilding sector to perform strongly over the coming months.
The Vinden Partnership recognises the importance of improved housebuilding performance.
SMEs challenging larger property developers could be a boost for the construction industry.
The Vinden Partnership says strong work pipeline puts the construction industry in a good position.
The Vinden Partnership welcomes the Prime Minister’s attempts to provide clarity to Brexit negotiations.
The Vinden Partnership says country can be confident it can thrive outside EU.
The Vinden Partnership says construction industry’s ability to weather Brexit uncertainty is remarkable.
The Vinden Partnership says rise in house building is positive news for the construction industry.
The Vinden Partnership says rising inflation represents a threat to future construction industry growth.
The Vinden Partnership says there is still major work to be done.
The Vinden Partnership says construction industry has stabilised following Brexit vote.
The Vinden Partnership says government must secure best deal for UK as quickly as possible.
The Vinden Partnership says optimism will only get the construction industry so far.
The Vinden Partnership says resilient construction industry still needs stability.
The Vinden Partnership says government making housebuilding a top priority will settle industry nerves.
The Vinden Partnership says decisive policy needed to end construction projects' hesitancy.
The Vinden Partnership says impact of Brexit "wasn't as severe as many were warning".
The Vinden Partnership calls for "fully formed" strategy to be outlined.
The Vinden Partnership says construction industry in limbo as we wait for Brexit details.
The Vinden Partnership says we can expect further slowdown in the next quarter.
The Vinden Partnership says construction industry in “wait and see” mode.
The bundle should be concise, containing information the mediator needs to understand in advance.
The position statement should analyse the dispute and communicate your objectives.
A well researched, planned and delivered opening statement can set the tone of the mediation.
Clever lawyers will be tempted to include a “no amendment” or “anti-variation” provision.
There is a difference between what you need to obtain and what you desire.
They say there is no such thing as a free lunch, or is there?
Peter Vinden speaks exclusively to Matt Brown from UK Construction Online.
As the fall out continues, UK Construction Online speak to Peter Vinden.
The company already offers high quality, cost effective mediation and dispute resolution services.
The last 12 months has seen a steady increase in construction activity.
The Vinden Partnership welcomes three new starters to its team.
Gary and Richard will no doubt be excellent additions to the expert team.
New panel to provide mediation on disputes on a multitude of issues in the construction industry.
This new cost effective service provides clients with a logic linked tender programme.
Adjudication Legal And Dispute INSurance is a full scope legal expenses insurance policy.
The Vinden Partnership provided full fund monitoring surveying services for RBS on the project
The Vinden Partnership unveils new full scope legal expenses insurance policy.
TVP celebrated its 21st anniversary in style at the Manchester Art Gallery on Moseley Street on Wednesday.
Vinden Partnership work means project has now commenced on site.
The Vinden Partnership has secured an £800,000 deal with Baliss Properties Limited.
The Vinden Partnership to project manage major hq development in Derbyshire.
Allvalves Online Ltd
Asset International Limited
Bibby Financial Services
Clarke Demolition Company Ltd
CLiP IT Solutions Ltd
CMP THAMES Ltd
Phantom Tracking Systems
Procomm Site Services
RAMJACK Technology Solutions
Safety First Window Films
Secured by Design
The CAD Room
Thermobile – Heating and Ventilation
Traffic Labour Supplies Ltd
XS CAD Limited
UK Construction Online’s Stakeholder page offers you the chance to find and learn about the leading companies in the UK Construction Industry.
Featuring the very best suppliers and operators in the sector our stakeholder’s pages offer detailed information about the company, their latest case studies and press releases, plus products and services and testimonials.
We work with our stakeholders to constantly update and maintain this database to ensure that the information is relevant and helpful for those looking to source premium quality companies in the UK construction market.
You can ‘View all Stakeholders’ or use the drop down menus to find specific stakeholders via their company name or by sector.
Join the Fastest Growing Community for Construction
UK Construction Online's Stakeholder package quickly connects your company to our vast audience of over 250,000 visitors a month.
View our latest Alexa ranking:
What is a Stakeholder?
A stakeholder is a Mircosite that has the power to highlight a product or service, launch a promotion, or promote brand awareness to the construction industry in a way that full websites or more traditional marketing cannot.
All stakeholders have the ability to have their latest press releases and case studies promoted across the UK Construction Online platform. UK Construction Online is updated daily, with the latest news across all sectors within the construction industry and all stakeholders are promoted on both social media and to a mailing list of over 122,000 subscribers.
UK Construction Media