
Construction starts fall, but there is reason for optimism
Delays in public-sector projects are highlighted by Glenigan as one of the reasons for construction starts in the three months to July being 10% lower than a year earlier. Non-residential project starts were 15% down on the same period in 2016, led by falls in retail, education and health projects Residential starts were unchanged. However, on a seasonally adjusted basis starts were 6% higher that for the period February to April 2017. Civil-engineering starts were 23% lower