The South West region’s construction market has been more stable than other regions.
Even throughout the COVID-19 pandemic so far, total construction market volume only decreased from 22.17 billion Pound Sterling to 20.34 billion Pound Sterling. The market is thus positioned to recover quickly, with volume reaching 21.84 billion Pound Sterling by the end of this year and more than 23 billion Pound Sterling next year. Public housing is the sector that dropped the most in 2020; we expect it to continue decreasing in 2021 — by 40.6% — which would be the only decreasing sector this year.
[infogram id=”90c94812-62a1-4073-b3cd-a378e50fa312″ prefix=”HSX” format=”interactive” title=”2021 Q3: South West 1″]
[infogram id=”90c1aee7-6f1c-41a9-895d-6123837b1583″ prefix=”qcw” format=”interactive” title=”2021 Q3: South West 2-3″]
