Construction activity update
The latest information from Builders’ Conference shows that there were 454 contracts worth £4.7bn awarded in August. Whilst this was lower than the previous month as the industry had its traditional and well‐deserved summer break, both the number and value of contracts awarded this August were higher than August 2020, indicating that construction’s recovery is holding steady. 41% of all the contracts awarded by value were housing (£1.9bn), 16% were office projects (£754m) and 9% were education projects (£407m).
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