Mixed messages for the construction industry

Last week, a story in the Western Mail suggested that

"nearly 30,000 jobs could be created in the Welsh construction industry in the next five years.....the research from the from the Construction Skills Network forecast that employment in Wales can bounce back more quickly than any other part of the UK".

However, this optimistic prediction is in complete contrast to figures published by the Welsh Assembly Government show that:

  • Production output in Wales for Q1 2009 fell by 7.2% compared to the same quarter in 2008. The UK index fell by 5.1% over the same period
  • The index of construction for Wales for the last four quarters fell by 13.8% compared to the previous year. The UK index fell by 2.8% over the same period
  • Construction output in Wales for Q1 2009 fell by 4.6% compared to Q1 2008. The UK index fell by 2.4% over the same period


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