As we see healthy growth in the first quarter of 2014 it shows that the UK construction confidence really is increasing. The value of projects across all sectors, starting on site from January to March, is 15% higher than a year ago, with office project starts rising by 34%, retail by 27% and hotel and leisure by 15%.
This is very welcome news and promises for an excellent 2014. In fact here at Armafix we also have seen significant growth in this first quarter.
It is excellent so see improved business sentiment translating into real investment across the whole economy and the encouraging data within the commercial sectors in particular shows that many companies are much more confident about putting money into new construction projects.