Industry Analysis & Industry Trends
The Commercial Building Construction industry has endured a sustained decline over the past five years, as its primary markets plummeted into a recession brought on by the financial crisis and took industry operators down with them. Private investment in commercial and industrial premises has slumped in response to adverse trends in company profitability, employment and household spending. In the public sector, the government's fiscal austerity measures involved cuts to funding for institutional buildings, notably schools and hospitals. Over the five years through 2013-14, industry revenue is expected to decline at a compound annual rate of 5.6% to £15.6 billion... purchase to read more
Industry Report - Industry Locations Chapter
The geographic spread of non-residential building construction corresponds closely with the national distribution of economic activity and population.
The South East and London
The South East region accounts for 15.5% of establishments, slightly outweighing its share of the UK population but reflects the rapid expansion of the region as a commercial and industrial hub alternative to London. The region is situated closely to London with many transportation links making the commute an easy one.
The London region accounts for 13.3% of industry establishments, marginally surpassing its share of the UK population (12.6%)... purchase to read more