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UK construction industry in overdrive

Series: RICS Press Release ; (pr063)1 July 2004 (3)Publication details: 2004Subject(s): Summary: The "RICS construction market survey United Kingdom" for the second quarter 2004 shows industry confidence close to record levels and workloads hitting new highs. 30% more surveyors reported a rise in work than a fall for the construction industry overall. Virtually all industry sub-sectors have been buoyant in the second quarter: private house building with 40% of surveyors reporting rises, public housing with 21%, public non-housing work with 31% and private commercial building with 38%. Rising interest rates and costs are seen as the only potential brakes on the industry at the moment. The survey is available at http://www.rics.org/resources/economic_analysis/co nstruction_market_survey.html. http://www.rics.org/ricscms/bin/show?class=PressRe lease&template=/includes/showpr.html&id=1196&facul ty=RICS

The "RICS construction market survey United Kingdom" for the second quarter 2004 shows industry confidence close to record levels and workloads hitting new highs. 30% more surveyors reported a rise in work than a fall for the construction industry overall. Virtually all industry sub-sectors have been buoyant in the second quarter: private house building with 40% of surveyors reporting rises, public housing with 21%, public non-housing work with 31% and private commercial building with 38%. Rising interest rates and costs are seen as the only potential brakes on the industry at the moment. The survey is available at http://www.rics.org/resources/economic_analysis/co nstruction_market_survey.html. http://www.rics.org/ricscms/bin/show?class=PressRe lease&template=/includes/showpr.html&id=1196&facul ty=RICS