The History of England

from Celts through 20th century

AT ITS LOWEST LEVEL

Category: Land + People

(abridged)

The  number  of  new  houses  on  which  building  work  started  in  April  was  at  its  lowest  level,  on  a  seasonally  adjusted  basis,  since  the  third  quarter  of  last  year,  according  to  provisional  Government  figures  issued  yesterday.

The  drop  is  mainly  in  the  public  sector,  where  from  February  to  April  starts  were  14  per  cent  lower  on  an  adjusted  basis  than  in  the  previous  three  months.

While  the  drop  in  public-sector  starts  was  expected,  there  are  fears  that  private  housebuilding  activity  will  repeat  last  year’s  pattern  with  a  fall  towards  the  second  half  of  the  year.

Taking  the  adjusted  figures  on  a  three-monthly  basis,  the  total  starts  in  February  to  April  were  6  per  cent  down  on  the  previous  three  months.  Total  completions  were  down  1  per  cent.

(The  Financial  Times,  May,  1976)

« ||| »

The first International Drones Conference was organised by FAI and entrepreneur Max Polyakov

Comments are closed.