
AMA
Research have published a new quarterly bulletin covering
Construction Forecasts in the Non-Domestic Sectors.
Available as an annual subscription, the review analyses non
domestic construction and RMI work and
is
designed to provide an overview of current and recent trends in
construction and provide informed forecasts of future activity
within Non-Domestic Construction sectors.
Subscription
to the Bulletin costs £275 per annum for four issues in a single format
- it is possible to purchase additional formats (see order form for
details). To subscribe, simply
click here and fill out the form and
email it back to
sales@amaresearch.co.uk or
send it back to the address listed at the bottom of the page.
To launch
the Bulletin we are offering AMA customers a SPECIAL INTRODUCTORY OFFER
with the chance to purchase a single issue of the Bulletin for just £50.
To take advantage of this offer, simply subscribe to the bulletin as
normal on the order form. If, after the first issue, you wish to
discontinue receiving the bulletin, email us, asking to unsubscribe, and we
will refund the balance of £225.
The non domestic construction
market, including both the public and private sectors was estimated
at over £65bn in 2006 and includes all new work and RMI activities.
The market has witnessed a healthy level of growth since 2002,
underpinned by a good performance in a number of sectors including
commercial offices, education and warehousing and distribution.
Office construction and
education accounted for the largest share of the market in 2006 each
with a share of around 20% in value. Infrastructure accounts for
more than 15% of overall output while industrial and retail sectors
represent over 10% of the market.
A slowdown in PFI projects and
general funding problems experienced in the NHS over the last 2
years has meant the sector accounted for less than 10% of all new
and RMI construction work in Great Britain in 2006.
There remains a positive outlook
for the non domestic construction market in the UK, with growth rates
of around 7% predicted until 2012. Construction output expected to close in
on £100bn over the next five years, buoyed by Olympic Games construction projects
and government
initiatives such as "Building Schools for the Future".
Infrastructure is likely to benefit from a number of transport
projects and Gateway developments although the industrial sector
remains harder to predict, with current forecasts indicating only
moderate levels of growth.