Net balance for future workloads fell again in Q3 to –38% Quantity Surveyors in Northern Ireland have a far less optimistic outlook for the next four quarters than their counterparts in the rest of the UK, expecting construction workloads to decline steeply during the 12 months ahead. The net balance for Northern Ireland was –38% compared to +8% ... [read more]
NI construction activity massively underperforming UK regions
NI construction professionals less optimistic at start of 2022 Construction workloads in Northern Ireland fell again in the final quarter of 2021. Surveyors here are far less optimistic about the outlook than their counterparts across the UK. Skills shortages and material costs continue to present major challenges to the construction sector in NI. ... [read more]
Construction in Northern Ireland trended up in Q3 and Q4 of 2020
In Northern Ireland, the outworking of Brexit and the on-going Covid-19 pandemic are the two key factors behind three successive quarters of negative construction balances. Construction workloads trending upward But, if we are to look for a glass-half-full, the final quarter of 2020 was at least trending back in a positive direction. A survey ... [read more]