Coleford, Gloucestershire -- (SBWIRE) -- 06/16/2016 -- According to reports from the Office for Nations Statistics (ONS), Britain's construction output had increased in April to 2.5% from the month previous, providing the largest increase witnessed since January 2014. The data has delivered renewed confidence within the economy, although sadly the rise didn't offset the decline of 3.6% for March.
According to the ONS, the timing of the Easter holidays may have impacted upon production figures which have been keenly monitored by economists throughout the UK. The entirety of the industry has witnessed a slowdown in business, with some grave figures leading up to 2016. The data is now looking more promising with industrial output being at the highest rate in April that is has been for four years.
With the looming EU referendum on membership, experts are hoping for a win vote as the impact of leaving the UK on Britain's construction industry would be sorely felt.
A spokesperson for Insite Portable Accommodation commented "The manufacturing and production output in the UK has been poor and everyone has felt the effects of the recession and resulting recovery, which has in turn been devastating for production output on a mass scale. The increase shows a little promise that the situation may be improving but we need to see an increase each month to make a healthy recovery. Unfortunately we are not out of the woods yet."
About Insite Portable Accommodation
Insite Portable Accommodation is a leading specialist in new and used modular and portable buildings including offices and prefabricated buildings for both commercial and domestic purposes.
Company name: Insite Portable Accommodation
Contact name: Shaun Addis
Tel: 01594 835024
Address: Unit 2
New Dunn Business Park
Coleford, Gloucestershire GL16 8JD