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The latest figures from the Office for National Statistics (ONS) paint a cautiously optimistic picture for the UK construction industry. May 2024 saw a positive monthly increase of 1.9%, hinting at a potential rebound. However, the three months leading up to May tell a different story, with construction output dipping 0.7% compared to the previous quarter.
This decline in the quarterly figures can be attributed to both new work (down 0.9%) and repair and maintenance (down 0.3%). Public housing new work saw the most significant drop at a concerning 10.3%.
Despite the mixed bag, there’s reason to believe the sun might be peeking through the clouds. May’s monthly increase shows potential for a recovery, with growth across most work sectors. Survey respondents and Met Office data both point towards warmer weather conditions playing a role in this upswing.
Industry experts remain cautious, and rightfully so. While May’s figures are positive, the overall fragility of the recovery is undeniable. The sector needs a significant boost to return to pre-downturn levels. This is where a skilled workforce becomes crucial – and that’s where the Safe2Site Online CSCS Green Card Course comes in!
Considering a career in construction and want to be part of this exciting industry’s resurgence? Obtaining a CSCS Green Card is a crucial first step. Safe2Site Online CSCS Green Card Course offers a convenient and efficient way to get qualified, putting you at the forefront of this potential boom.
Our online courses and resources make learning accessible and manageable. Get certified in just 3-4 hours! Take the exam from your phone, anytime, anywhere. Pass your test and get your certificate within 24 hours! All for just £99 +VAT (check the website for current offers/discounts).
With the potential for growth on the horizon, the construction industry offers a stable and rewarding career path. By getting your CSCS Green Card through Safe2Site Online CSCS Green Card Course, you’ll be well-positioned to take advantage of the exciting opportunities that lie ahead. Their streamlined process ensures you gain the necessary qualifications quickly and efficiently, paving the way for a successful construction career.
This blog post is for informational purposes only and should not be taken as financial advice.