Clearview Midlands February 2014 - Issue 147 - Page 17

INDUSTRYNEWS COMMERCIAL CONSTRUCTION SECTORS LEAD STRONG FINISH TO 2013 Strong growth in the retail, office and industrial sectors have helped to drive construction activity during the three months to December 2013, according to new figures by industry analysts Glenigan. The Glenigan Index, which covers the value of projects starting on site from October to December 2013, is up 15% compared with the same period in 2012 as commercial construction activity continues to accelerate. The value of non-residential project starts has risen by 21%, with gains in commercially funded and education projects. This marks a second consecutive quarter of growth in nonresidential construction starts, for the first time since the first half of 2010. Retail starts duri