Member Article

Greater Manchester construction surged at end of 2012

Construction orders across Greater Manchester were on the rise in the last six months of 2012, with the City of Manchester faring best out of the county’s areas.

Central Manchester received order values of £688m between July and December last year, followed by Trafford and Salford, which fetched £429m and £281m respectively.

These figures represent a very different picture to the first six months in 2012, as construction orders came in at just £740m for the whole county.

In contrast, Greater Manchester construction firms saw a significant rise in orders after June 2012 and ended the six months with a total value of £1.2bn orders.

Rises for the construction industry also represented a 20% rise in comparison with the second half of 2011.

The region fared well in comparison to other English regions between July and December, as orders in West Yorkshire fell significantly from £1,152m to £480m, and the West Midlands remained relatively the same.

Figures were gathered from the Office of National Statistics by think tank, New Economy, for its quarterly Manchester Monitor.

In its report, the think tank said the rise in construction orders were an “encouraging sign, especially given the low volume of orders recorded between January and June 2012.”

This was posted in Bdaily's Members' News section by Miranda Dobson .