The latest economic report from the Association for Consultancy and Engineering shows that infrastructure is bucking the trend as challenging market conditions within the construction sector continue.
The fourth quarter construction output data shows that the total volume of construction output decreased by 0.5 per cent compared with the previous quarter. Another quarter of negative growth would see the construction sector enter recession for the third time since 2008.
However, a sectorial breakdown of output reveals that infrastructure is performing well as it has grown by 4 per cent compared to the previous quarter. Furthermore, infrastructure shows a 23.5 per cent improvement on results compared to the same period a year earlier.
Read the report here.
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