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Last Updated:
7th February 2012
Underlying value of construction projects starting on site. (Excludes individual projects of more than £100 million and framework agreements).
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Yorkshire and Humber consists of the following Counties: Humberside, North Yorkshire, South Yorkshire, West Yorkshire.
The construction industry in Yorkshire & the Humber was among those initially hit hardest by the credit crunch, as the region suffered sharp declines in both 2008 and 2009. Despite a recovery over 201, further decline meant that the value of underlying construction starts in 2011 was 35% below the level seen in 2007.
Underlying starts on site fell by 6% in 2011 with weak performances in both public and private sectors. Though retail and hotel & leisure building continued to grow over 2011 after increases the year before, sectors such as private housing and office saw a return to decline.
Although civil engineering suffered a 33% drop in underlying starts on site in 2010 it has been the strongest sector in 2011 thanks to funding for projects earmarked in 2010’s Comprehensive Spending Review and a consequent jump in planning approvals.
A lack of publicly funded construction and private investment in building has weighed on the region this year. Residential starts have been sluggish, education and health building after a strong two years and the private commercial sectors are failing to pick up the slack.
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