Construction Output Hit a Record High in July
According to the ITV News, construction output hit a record high in July, with The UK economy bouncing back and construction output reaching a record high.
On a three-month basis, the services sector grew by 0.6% on the back of a rise in retail and wholesale trading. This was really bolstered by growth in food sales during the World Cup and also the exceptionally hot weather, which kept businesses far busier than usual.
Construction also performed strongly, rising 0.5% in July on the back of stronger than usual growth in housebuilding for this time of year. It sent construction output to a record high, with the sector growing 3.3% on a three-month basis.
Commenting on the figures, the Office for National Statistics’ head of GDP Rob Kent-Smith said: “Growth in the economy picked up in the three months to July.
“The dominant service sector again led economic growth in the month of July with engineers, accountants and lawyers all enjoying a busy period, backed up by growth in construction, which hit another record high level.”
At Kelsey Plant Hire, we have had the busiest summer ever. With the introduction of our range of electric diggers and electric dumpers, our bookings have increased and machines are in real demand. We are now hoping for a mild winter with no snow!
Please call Kelsey Plant Hire on 01403 249125 or email us to check on availability.