Monday, October 09, 2017

Public Sector (Non-Residential) Construction Market Report - UK 2017-2021 Analysis - 5 Key Facts

  1. The largest single areas of public spending are in the departments of Work & Pensions (23%), NHS (Health) (19%) and Education (9%).
  2. In 2016-17, the level of public sector capital expenditure accounts for just under 7% of total government expenditure. However, this percentage is expected to rise to around 8% of total government expenditure by 2020-21.
  3. The public sector accounts for around 17% of total non-residential new construction output.
  4. In terms of the construction supply chain, the value of new public sector work won by the top 21 largest contractors was around £3.8bn.
  5. Going forward, public sector construction is forecast to grow by around 1.5-2% per annum to 2021.
These facts have been extracted from AMA Research's 'Public Sector (Non-Residential) Construction Market Report - UK 2017-2021 Analysis' available for purchase now.

No comments: