The Civil Engineering Contractors Association (CECA) workload trends survey for the fourth quarter of 2015 found that the number of members seeing workloads grow is in decline. The net balance of firms seeing workloads increase was just 5%, compared to a balance of 52% for the same quarter in 2014. This was lowest CECA has seen since spring 2013.
In Q4 2014 a net balance of 42% of CECA members grew their order books. In Q4 2015 it was just 21%.
CECA raised the alarm on the same day that the Office for National Statistics published for 2015 Q4, showing a 0.4% fall in the last three months of last year 鈥� and what CECA described as 鈥渁 shock鈥� 3.9% fall in new infrastructure work.
CECA chief executive Alasdair Reisner said: 鈥淲hat we are seeing is an alarming plateau in infrastructure orders, when we should be seeing strong growth, according to the government鈥檚 forecasts.
鈥淚nfrastructure investment is a strong driver of growth in the wider economy. The recent sluggish performance of UK plc is indicative of an infrastructure sector that is yet to reach its full potential.
鈥淲e call on the government takes steps to shore up the UK economy by ensuring that its planned capital investment in the sector goes ahead without delay.鈥�
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