UK commercial construction activity reflects greater caution
Commercial construction activity in the 12 months to the end of Q2 2017 decreased to £13.7 billion, down 9.3%on the previous quarter. June data revealed a further loss of momentum, new build activity slowing only marginally to £8.4 billion (down 6.0% compared to the previous quarter), according to the Q2 2017 JLL and Glenigan UK Commercial Construction Activity Index.
The full report highlights:
• How much construction activity has picked up over the past quarter
• The increases and decreases across the UK
• The movement across different sectors including industrial, offices, retail, hotels, education, medical and community
• Construction volumes by new build or refurbishment
• A construction costs and procurement update
The full report is available to download here.