Clearview Midlands February 2014 - Issue 147 | Page 17

INDUSTRYNEWS

COMMERCIAL CONSTRUCTION SECTORS
LEAD STRONG FINISH TO 2013
Strong growth in the retail, office and
industrial sectors have helped to drive
construction activity during the three
months to December 2013, according to new
figures by industry analysts Glenigan.
The Glenigan Index, which covers the value
of projects starting on site from October
to December 2013, is up 15% compared
with the same period in 2012 as commercial
construction activity continues to accelerate.
The value of non-residential project starts
has risen by 21%, with gains in commercially
funded and education projects. This marks a
second consecutive quarter of growth in nonresidential construction starts, for the first time
since the first half of 2010.
Retail starts duri