Belfast Telegraph

UK Website Of The Year

Northern Ireland construction industry enjoys much needed boost reaching highest level in three years

By John Mulgrew

Published 16/07/2015

.
.

Northern Ireland's beleaguered construction industry has witnessed a much needed boost — reaching its highest level in three years.

The total volume of construction output in Northern Ireland in the first quarter of 2015 increased by 6.5% compared to the previous quarter.

And it was 13.8% higher compared to the same period a year earlier.

The volume of construction output in Q1 2015 was the highest level of output reported for three years.

But it remains some way off its pre-recession peak.

The increase in the overall output was accounted for by both an increase in 'new work (6.5%) and a similar increase in repair and maintenance (6.7%).

There was a sharp increase of 18.7% in 'other work output' which was accompanied by a 9.6% rise in infrastructure output.

But it's not all good news for the industry, with house building witnessing a slump of almost 5%

Online Editors

Your Comments

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting? customercare@belfasttelegraph.co.uk

Read More

From Belfast Telegraph