Third Consecutive Output Decline for Construction Industry
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Construction Output Declines for a Third Consecutive Quarter The Construction Products Associations reports on the Construction output in the third quarter of 2017 ONS figures published today show that construction output fell by 0.7% in the fourth quarter of 2017. This was revised up from the preliminary estimate of -1.0% published last month, but marked the third straight quarter of decline. Rebecca Larkin, Senior Economist at the Construction Products Association, commented: “Overall growth in construction activity slowed significantly over the course of 2017, with output falling since Q2 and rising only 0.9% in annual terms in Q4. The quarter saw
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