Market Watch - Construction: Building a brighter future
Emmanuel Kenning investigates the impact of the recession on the construction industry and asks sector experts if they are upbeat or downcast in their expectations for 2011.
Many headline figures in the construction industry are shocking. According to the Construction Skills Network, there has been a fall of 375,000 in sector employment between 2008 and 2010. The organisation also predicted that, by 2014, only 100,000 of these will have been recouped.
Government figures also reveal that, whereas over 220,000 new houses were started in the financial year 2006-7, two years later, only half that number was achieved. House building is a key driver of the construction
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