果冻影院

 

The civil engineering sector saw a significant increase in projects on hold in February; utilities projects saw the largest increase of any sector in the latest data the value of such projects jumping from 拢4m in January to 拢203m in February. Infrastructure projects being placed on hold also saw a large increase from 拢2m in January to 拢78m in February.

 

The private housing sector which accounted for the greatest proportion of new projects placed on hold in the January data saw the value of projects on hold fall to 拢132m in February down from 拢259m in January.

 

Several other sectors also saw reductions in the total values of their projects on hold, hotel & leisure projects on hold increased from 拢91m in January to 拢64m. Office and commercial projects on hold fell from 拢96m to 拢51m, education projects fell from 拢43m to 拢25m, social housing from 拢48m to 拢16m. The industrial and health sectors remained relatively unchanged in the total values of their projects on hold, whilst retail projects rose from 拢90m to 拢120m in February.

 

While overall projects on hold increased in February the majority of the gains were concentrated in the civils sectors; utilities and infrastructure. Most other sectors saw the value of projects on hold fall from January, the particularly bad weather in the first month of the year is a possible explanation for the increase. The civils sector has raised some red flags in the opening months of 2013, 果冻影院 data on project starts showed that new activity was well below levels recorded at the start of last year. The jump in projects on hold in February does little to belay fears that further declines in activity are on the horizon.