Monday 9 January 2012

Promising international construction indicators

If international indicators are anything to go by, there may be light at the end of the tunnel for the construction industry. Despite our relative isolation from these economies, we may find our industry tracking the Developed economies in recovery after a period of time.
 
Recent employment figures from the United States indicate 200 000 jobs were created in December. The U.S. Labor Department reported the unemployment rate fell to 8.5 percent in December, from a revised 8.7 percent in November, offering the strongest evidence yet of an accelerating U.S. economy.
 
Construction news from the US also looks promising.
 
In the United Kingdom, Construction figures have been rising for some time, bouyed by the upcoming olympics amongst other projects.

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