Recent statistics reveal that Northern Ireland’s construction output is higher than last year

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3rd August 2017 15:07 - Construction

Recent statistics reveal that Northern Ireland’s construction output is higher than last year: Following from last year's final quarter, the construction sector’s total volume of output fell by 1.7%, yet compared to the same quarter as last year, overall output is up by 7.1%.

Measured and recorded using the Northern Ireland Composite Economic Index, a similar counterpart to the GDP, the ‘Construction Output Statistics’ report details the latest estimates of construction output carried out in Northern Ireland.

The report disregards work carried out by Northern Ireland Construction firms in other parts of the UK, and reveals that current statistics regarding construction output remains on a steady incline, despite its fall this year. However, this makes 2017’s first quarter the second-best quarter in the past five years.Recent statistics reveal that Northern Ireland’s construction output is higher than last year

Compared to last year's final quarter, Housing output increased by 7.9%; yet the details of the decrease in construction output are as followed:

Infrastructure: -20.7%   

Other Work: -5.6%  

Statistics regarding the overall decrease shows that ‘New Work’ was also down by 7.2%, with ‘Repairs and Maintenance’ falling by 0.7%.  

Nonetheless, another official report has revealed that Northern Ireland’s overall economy has grown by 0.3% in first quarter of 2017, with the services sector mainly contributing to Northern Ireland’s overall economic growth. 

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