Mindblown: a blog about philosophy.

Project-starts remain low as inflationary pressures continue – The value of underlying work commencing on-site during the three months to April fell 1% against the preceding three months on a seasonally adjusted (SA) basis to stand 21% lower than a year ago – Residential project-starts improved on the preceding three months (+9%) but remained 28% lower […]

Project-Starts Decline Bottoms Out -Underlying project-starts remain depressed, 17% down on the preceding three months, 13% lower than in 2021 -Residential (-21%), non-residential, (-13%) and civils (-13%) all fall against the preceding three months -Northern Ireland (+16%) and Scotland (+19%) post strong results during November Index period   The key takeaway from November’s Index is […]

Uptick in project-starts provides optimism – The value of underlying work starting on-site (less than £100 million in value) increased 9% during the three months to May but remained 19% lower than a year ago – Residential project-starts increased 24% against the preceding three-month period but fell by a quarter compared with a year ago […]

Starts continue to decline, but negative curves start to soften – The value of underlying work starting on-site (less than £100 million) during the three months to February fell 12% against the preceding three months as well as 30% compared with the previous year. – Residential project-starts performed particularly poorly, with the value having declined […]

Output Decline Persists in 2022 – The value of underlying work commencing on-site (less than £100 million in value) during the three months to January fell 15% against the preceding quarter and 31% compared with a year ago. – Residential project-starts were very weak, having declined 45% against the previous year and 20% compared with […]

November wraps up a weak autumn for construction-starts – Underlying work commencing on-site falls 11% against the preceding three months to November, 7% lower than a year ago. – Residential construction-starts slip back 1% on the preceding three-month period and remain unchanged on the previous year. – Non-residential project-starts down a fifth against the preceding three months […]

Project-starts fall sharply as recession nears – Underlying work commencing on-site falls 35% against the preceding three months to August, 30% lower than a year ago. – Residential project-starts plummet 38% on the preceding three-month period and 28% against the previous year. – Non-residential project-starts down 31% against the preceding three months and 34% compared […]