With the news recently that the construction industry in the UK contracted by over 4% in Q1 of 2011, it seems the much anticipated upturn is still evading us. Precast concrete is obviously closely tied to the construction industry and so it is bound to have knock on effects; over the last couple of years there have been some very large players in the market who have either closed down or gone out of business.
The hope has to be that the doldrums cannot continue forever and sooner or later things will start to look a little more rosy. One thing that is likely to dampen those expectations is the current fiscal tightening by the government. This is bound to have an impact on the construction industry, the question will be how quickly can the private sector pick up, in order to soften the blow? Let’s hope it’s not too long!
Preconco Limited
11/05/2011
The stories of trying times in the construction industry continue to be told all around the world and we thought it noteworthy to mention the following blog posts compliments of the N.P.C.A (National Precast Concrete Association) of which we are members. Perhaps these posts will be thought provoking and serve as inspiration for others struggling through…
“No Deja Vu in This Recovery”: http://precast.org/blog/no-deja-vu-in-this-recovery/
“O Recovery, Where Art Thou?”:http://precast.org/blog/o-recovery-where-art-thou/
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