Our figure of the month 10/2015: increasing backlog in the construction sector
The backlog in the construction sector, i.e. the work under construction at the end of the year, has been increasing by 41% over the last five years. This stands for a total of 140 thousand dwellings. On the same time the number of future workers, that is the number of apprentices in the construction sector, has been declining by 17%.
Having in mind the current high net migration the demand for dwellings is likely to grow even further. The amount of work under construction will hence coninue to increase.
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Other figures can be found here.