The pandemic lockdowns imposed in the Yorkshire and the Humber region are reflected in the -5.7% YoY change of total construction volume in 2020.
However, we expect this region to have a quick recovery path as its future construction volume should keep rising for the next three years. Private manufacturing structures were hit hard last year with a YoY decline of -43.9%, but are projected to see a sharp rise of 62.2% in 2021. Different from other sectors, the infrastructure sector actually grew by 25% during 2020 and is expected to follow the same trend in 2021. Private housing sould see modest growth over last year and over the next several years.
[infogram id=”1c01fa15-1aa5-4a73-858f-885737fe4a8a” prefix=”PAF” format=”interactive” title=”2021 Q3: Yorkshire and the Humber 1″]
[infogram id=”2c08bec1-ea7e-4479-a764-aea464eb69aa” prefix=”SR1″ format=”interactive” title=”2021 Q3: Yorkshire and the Humber 2-3″]
