Industry Analysis & Industry Trends
The Commercial Building Construction industry has been recovering from a tumultuous period during the economic downturn, when private investment in commercial and industrial premises slumped in response to adverse trends in company profitability, employment and household spending. In the public sector, the government's spending cuts affected demand for institutional buildings such as schools and hospitals. However, the Olympic Games and some landmark office developments provided some support for those operators based in or near London.
Increased business confidence stemming from a stabilising of the economy helped demand to recover from the recession-induced low in 2011-12... purchase to read more
Industry Report - Industry Products Chapter
Constructing educational buildings is estimated to contribute 24.5% of industry revenue. Educational buildings such as primary and secondary schools, colleges, universities, nurseries and childcare centres are typically constructed in urban and suburban areas. Since most of the population attend government-funded schools, much of the work in this segment is funded by the public sector. Firms of all sizes can contest public-sector school-building contracts, but they must do so according to government processes... purchase to read more