Know what you want? Try our 'Supplier Directory' 

New ONS figures show slight fall in Q4 construction output

According to new figures published today by the Office for National Statistics (ONS), the UK economy grew by 0.7% during the fourth quarter of 2013. However, construction declined by 0.3% in the same three month period.
Commenting on the figures, economics director at the Construction Products Association (CPA), Dr Noble Francis, said: 'The 0.3% decrease in the preliminary estimate for construction in 2013 Q4 was disappointing but followed an increase of 2.6% in the previous quarter. Furthermore, between 2012 Q4 and 2013 Q4, construction output increased by 4.5%.'

He continued: 'This GDP estimate shows that the construction industry's recovery is still in early days. Of the four main sectors, construction output was the only one to register a negative result. However, this was a marginal fall in the preliminary figures within a general upward trend, and our latest forecasts anticipate a 3.4% rise in construction output for 2014.'



Follow HVROnlineEditor on Twitter
28 January 2014

Comments

Already Registered?
Login
Not Yet Registered?
Register

White Paper warns UK ‘importing energy it doesn’t need’ due to industrial heat loss

The UK is missing a major opportunity to cut emissions and reduce reliance on energy imports by failing to tackle industrial heat loss, according to a new White Paper published by the Thermal Insulation Contractors Association (TICA)....

  16-Apr-2026

VES launches Ecovent Midi: its most sustainable heat recovery AHU

CIBSE award-winning ventilation manufacturer, VES, has announced the launch of Ecovent Midi, its most sustainable heat recovery air handling unit to date....

  16-Apr-2026

STOKVIS R600

CONDENSING ULTRA LOW NOx PREMIX COMMERCIAL BOILER
  10-Jan-2019
Heating & Ventilating Review is the number one magazine in the HVAR industry. Don’t miss out, subscribe today!
Subcribe to HVR

Diary

HVR Awards 2026