Project starts in civil engineering fell by 34% in April, compared to the same period last year, according to new figures released by construction industry analyst Glenigan. Civil engineering fared better than the residential market where Glenigan recorded a 40% drop last month compared to 2019, while the non-residential sector also saw a 34% fall in new starts.
“The number and value of new projects starting on site has fallen sharply since the lockdown came into force at the end of March and continued throughout April,” said Glenigan economic analyst Rhys Gadsby.
“Civil engineering starts were down 10% on the preceding three months on a seasonally adjusted basis and were 34% lower than a year ago. This fall was led by a sharp drop in infrastructure starts, which were 52% down on a year ago and 34% lower than the preceding three months on a seasonally adjusted basis. In contrast the value of utilities starts was 47% up on the preceding three months on a seasonally adjusted basis and 13% higher than a year ago.
“Residential starts declined the most during the three months to April against the previous year, with private residential starts taking the biggest hit. Private housing project starts fell 43% against the previous year, and by 29% compared with the preceding three months on a seasonally adjusted basis. Social housing starts dropped 32% against the previous year, however strongly improved on the previous three months on a seasonally adjusted basis, with a rise of 30%.”
“Non-residential projects fell against the preceding three months on a seasonally adjusted basis and against a year ago, falling by 21% and 34% respectively. Industrial project starts contributed to this decline dropping by 42% on a year ago and by 31% on against the preceding three months on a seasonally adjusted basis. Retail starts also saw a dramatic decline, with starts down 42% on the previous year, and by 7% on the preceding three months computer engineering careers.
“The number and value of new projects starting on site has fallen sharply since the lockdown came into force at the end of March and continued throughout April,” said Glenigan economic analyst Rhys Gadsby.
“Civil engineering starts were down 10% on the preceding three months on a seasonally adjusted basis and were 34% lower than a year ago. This fall was led by a sharp drop in infrastructure starts, which were 52% down on a year ago and 34% lower than the preceding three months on a seasonally adjusted basis. In contrast the value of utilities starts was 47% up on the preceding three months on a seasonally adjusted basis and 13% higher than a year ago.
“Residential starts declined the most during the three months to April against the previous year, with private residential starts taking the biggest hit. Private housing project starts fell 43% against the previous year, and by 29% compared with the preceding three months on a seasonally adjusted basis. Social housing starts dropped 32% against the previous year, however strongly improved on the previous three months on a seasonally adjusted basis, with a rise of 30%.”
“Non-residential projects fell against the preceding three months on a seasonally adjusted basis and against a year ago, falling by 21% and 34% respectively. Industrial project starts contributed to this decline dropping by 42% on a year ago and by 31% on against the preceding three months on a seasonally adjusted basis. Retail starts also saw a dramatic decline, with starts down 42% on the previous year, and by 7% on the preceding three months computer engineering careers.
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