Just a bump in the road

摘要

Construction output fell in 2005; the first fall in the industry since 1994, bringing to an end the longest continuous period of growth since the 1960s. However, at just 0.8, the decline was marginal and total output remained relatively high at pound;79.6bn (2000 prices). Total output in the fourth quarter of 2005 (4Q05) was roughly on a par with that in 4Q04 and 3Q05, up by a marginal 0.4 in both instances.