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Construction National blog 31/01/2012

Construction National blog logoThere is some up-beat news to be seen on this site for the construction industry in the East of England which is forecast to be at the top of the growth table of the 12 regions/devolved nations for the period to 2016, according to the latest forecast from the Construction Skills Network. The growth rate for the region during that period is forecast to be 2.9%, more than double the national average, with the industrial sector notching up a staggering 13.5% and private housing 5.6%.

The East is one of five regions/devolved nations to be tipped to outperform the average, with the North West and the West Midlands forecast to continue their decline in output.

One of the drivers of construction growth in the region, according to the report, will be based around carbon reduction efforts.
The report says: "Increased concern over carbon emission reduction targets, along with rising energy costs, is likely to increase levels of retrofitting, energy efficiency measures and microgeneration technologies, which will become increasingly important in driving construction growth in the region over the longer term."

Read more: Construction National blog 31/01/2012