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Analysis

Weekly Construction Industry Analysis

16th March 2010
9th March 2010
2nd March 2010
23rd February 2010
16th February 2010
9th February 2010
2nd February 2010
26th January 2010
19th January 2010
12th January 2010
5th January 2010
15th December 2009

Monthly Construction Industry Analysis

March 2010: Construction starts hit by drop in projects

  • Glenigan Index down 15% on a year ago
  • Non-residential Index down 24%

The Glenigan Index for February was 15% down on a year ago, despite a strengthening in residential projects starting on site. Despite being hampered by poor weather earlier in the winter, the Residential Index posted a robust 13% increase on a year ago, supported by rises in both private and social housing starts.

In contrast the Non-residential Index for February was 24% down on a year ago due to the continued weakness of the private industrial and commercial sectors combined with a slowing in Government funded projects. In particular, a recent easing in health and community & amenity projects and a sharp dip in the previously strong flow of education projects exacerbated the fall in the February Index.

The Civil Engineering Index was also sharply down on a year ago. However, whilst fewer road and rail projects have started on site in recent months, the fall in the year-on-year comparison is in large part due to a surge of project starts a year ago which amplifies the comparative decline.


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Download previous editions of the Glenigan Index:
February 2010
January 2010
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008

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