Infrastructure output plummets

14 May 2012 New figures from the Office for National Statistics (ONS) have revealed the volume of infrastructure work slumped during the first quarter of 2012.
Infrastructure showed the largest decrease of all construction sectors during the three months, with a quarter-on-quarter volume reduction of 15.9%.

The figures contributed to a 4.8% fall in volume of construction output during the first quarter of the year compared with the final three months of 2011.

Last month, initial estimates from the ONS suggested construction had fallen by 3%, dragging the UK economy back into recession. The revised construction figures suggest the economy is in a worse position than originally stated.

This page was last updated on:
2 September 2014.

thumb

Indian summer

It’s been a long, dark winter for many in the UK PPP market, but as we head into autumn there are signs of progress at last

thumb

A big impression

The Philippines’ PPP Center Deputy Executive Director Sherry-Ann Austria discusses progress, after a successful night at the Partnerships Awards 2014

register

Register now to get un-restricted access to all sections of the website.

Want to see more first? Try our free preview...