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UK construction industry set for growth in Q2

Published on 21st July 2017

The construction industry is set for further growth in Q2, according to the latest Barbour ABI market review report.

The readings for Q2 so far are consistent with the 0.4% growth expected this quarter and although consumer confidence levels aren’t as positive since the Brexit vote, June still saw construction activity increase.

June saw the industry rebound with the number of new construction projects increasing by 38.7% from May’s level and the value of new contracts rising by 12.4% to £5.5 billion, which is higher than results seen in June 2016.

The increases in the number and value of new projects are both positives for the construction industry and careers within the sector after what was a turbulent first quarter. The construction industry contributes largely to the overall economy and vice versa. The UK annual growth so far this year is 1.7%, indicating that  over 179,00 jobs will be created within construction.

Kalcrest Site Services is a recruitment firm that recruits specifically for the construction and technical sectors. Our knowledge of the industry and database of workers allows us to find our clients’ candidates with the right skills needed for whatever the project may be.

For full details of our recruitment services or to speak to one of our team about staffing for a current or forthcoming project, please call us on 01709 720348 or contact us via info@kalcrest.co.uk.

Source: Barbour ABI

 

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