Construction output 'in decline'
30/07/2012 09:28:38
New Government figures have shown the construction output in the UK fell by 5.2% between April and June this year.
The latest figures from the Office for National Statistics reflect the woe suffered by companies in the construction sector, although some architects have said enquiries are already on the rise again.
According to the ONS, a number of factors contributed to the latest results including the prolonged period of wet weather experienced across the country, and the Queen's Diamond Jubilee celebrations in June.
Roger Fitzgerald, chairman of architect firm ADP, said a time-lag is usually present between architects and the construction industry.
He added that the latest figures tie in with a fall in workloads seen by architects at the end of 2011, but in recent months more recruitment and investment has taken place.
The expert said: "Margins remain very tight and the situation still feels extremely fragile.
Banks remain nervous and the Government needs to invest more in capital projects."
Copyright Press Association 2012
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