UK architectural and engineering services businesses are now turning over more in cash terms than they were at the peak of late 2008. That at least is what the latest Turnover and Orders in Production and Services Industries data from the Office for National Statistics suggests.
Encouraging perhaps, the latest statistics on the prospects and performance for architects and engineers seem to be of the “not so negative” variety. The December data from the Office for National Statistics’ Turnover and Orders in Production and Services Industries show what could be regarded as real growth for architectural and engineering services in 2011. Last year the sector delivered in cash terms £43.3 billion of turnover compared with £41.4 billion in 2010. This was a rise of about 4.5% and…
The latest figures from the Turnover and Orders in Production and Services Industries data suggest that output in current prices from architects and engineers is flatlining. That translates into a real-terms fall when we take account of inflation. The graph shows the broad picture. And some will take comfort from the fact that the workload is not still in decline. Overseas work has tended to account for about 10% or so of the work and we will have to wait…
The cash brought in by UK based architects and engineers last year dropped by a further 2%, according to the latest official figures on manufacturing and services turnover. This puts turnover down about 8% in cash terms since the peak of 2008. Sadly this data series does not split the work on the basis of domestically generated and overseas generated work. But data from the pink book does suggest that exports account for about 10% of turnover. Given that architectural…