Train4TradeSkills News: Construction Industry shocks experts with excellent figures

UPDATE: It seems the ONS have got it wrong (again) and has admitted an “arithmetical error” and revealed instead of 2.3% growth, the construction industry instead grew by 0.5%. READ MORE>>

The construction industry’s performance over the last few months has surprised experts by faring much better than expected, according to new figures.

The new statistics from the Office for National Statistics (ONS) revealed that the UK construction industry grew by 2.3% in the second quarter of 2011, much higher than initial reports suggested.

The ONS’ initial figures stated that the construction sector grew by 0.5%, which was initially good news after six months of decline.

But the actual figures were much better, with 2.3% of growth and house building also jumped by 4%, which is a good sign of growth.

The ONS said in a statement:

“Given today’s figures for construction output in [the second quarter], GDP growth in [the second quarter] would be revised up by 0.1 percentage points.”

Here’s a breakdown of the figures:

Infrastructure: up 6.2%

Private housing: up 4.4%

Public housing: up 4.2%

Public non housing: down 0.7%

Private non housing: down 5.5%

Housing RMI: up 1.6%

Non housing RMI: up 1.4%

What do you think about these figures? Let us know and comment below…

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About Train4tradeSkills

Train4TradeSkills offer the only trade training skills courses that combine three great ways to learn, through a unique blend of book based theory, practical workshops and virtual reality PC based training, to help you qualify you as a plumber, electrician or gas engineer. No other learning provider offers our unique way to study, with full tutor support, easy to follow, step by step modules. Once you complete one part of the course and return your work for marking, the next stage of the course automatically follows. It’s as easy as that. It’s fun, it’s easy to follow... and it can be fitted around your existing work and family commitments!

Posted on August 12, 2011, in construction jobs, construction news, Electrical News, Plumbing News, t4ts, train4tradeskills and tagged , , , , , , , , , , , , . Bookmark the permalink. 1 Comment.

  1. You may have growth, but how many jobs are going to English workers. More and more foreigners are coming here and taking these job because they will work for less money. I would like to know what percentage of students leaving your courses with just technical certificates and no ‘on the job’ experience are able to find any work. Everyone I know is really struggling at the moment and laying off people with lot’s of experience.

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