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Construction Industry in Recession


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There was no uncertainty, everyone including the government were very confident of remaining.

 

ofc there was uncertainty because the outcome had not been decided. It was always going to be close. The prident approach was not to make decisions until the outcome was known.

 

There may well have been a recession in the construction industry, but of you wnat to factor in Brexit then you would need to analyse the effect. A negative effect of Brexit could mean the recession lasts longer, whilst a positive one means it could be less severe or shorter.

 

Are you claiming Brexit had or will have no effect or that the effect is positive for the construction industry?

 

---------- Post added 12-08-2016 at 18:31 ----------

 

Just reading in the Guardian that the ONS stated there was “very little anecdotal evidence at present to suggest that the referendum has had an impact on output.”

https://www.theguardian.com/business/2016/aug/12/uk-construction-sector-slips-into-recession-for-first-time-in-four-years

 

Best just to wait for the data. 1,3,5,10 years.

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What a shame that Brexit has put the Kibosh on all that social house building that was going on all around that new Labour set in train. Oh wait.....:rolleyes:

Thousands of student flats flying up,while down at Kelham Island you can get an apartment (flat:hihi:) any time as long as you have plenty of money for deposit or private rent.

Mean while at Park Hill:help:

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Our construction side is pretty busy.

 

We mainly build extensions though, and have an in-house design team who draw plans and do all the planning applications etc which means our clients have got to know us before they have to decide which builder to use, so I guess that gives us a bit of an edge over builders who have to compete against each other.

 

Saying that, we're fairly quiet on the plans side at the moment, waiting for people to get back from holiday and start focusing on the house again.

 

We did have one client who suffered financially due to Brexit, something to do with the pound falling, but no-one else seems to have been affected.

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