The Northern Ireland Construction Bulletin 1st October to 31st December 2010 has just been released by the Northern Ireland Statistics and Research Agency (NISRA). The results show a further reduction in construction activity in Northern Ireland with the total volume of construction output in the fourth quarter down by 5.1% from the third quarter in 2010. Year on year the decline is even greater with a 15.2% drop from quarter four in 2009.
The Index of Construction provides a useful view of the overall decline of construction related activity in Northern Ireland from 2005 up to now. Much like the decline in the Republic, perhaps not as rapid, the Northern Ireland index began to drop from 2007 onwards and gathered pace in early 2009. Quarter four 2010 represents the seventh consecutive quarter on quarter drop in the index.
For more information on construction related data in Northern Ireland see the NISRA Central Survey Unit website.