Menu
30/04/2004
Scottish construction industry grows by 5%
The Scottish construction industry grew by over 5% in the fourth quarter of last year according to figures recently released by the Scottish Executive.
These figures, comparable to the overall UK growth in the sector, highlight the vital role construction plays in the Scottish economy. According to Scottish Building, the industry contributes over 10% of the Scottish GDP and employs some 18,000 people.
Putting this into perspective, the Scottish construction industry is twice the size of the region's agriculture sector and almost three times the size of the combined utility services. The construction industry makes an enormous contribution, not only to the physical, but also the economic development of Scotland.
As a whole, the Scottish Gross Domestic Product in Scotland rose by 1.7% over 2003 and by 0.2% in the fourth quarter (Q4) of 2003.
The equivalent UK figures show that GDP rose by 1.8% over 2003 and by 0.8% in 2003 Q4.
Gross Domestic Product (GDP) is a measure of the value of goods and services produced by residents, before allowing for depreciation or capital consumption.
The GDP figure excludes net receipts from interest, profits and dividends abroad and the estimates produced measure GDP at basic prices.
(AC)
These figures, comparable to the overall UK growth in the sector, highlight the vital role construction plays in the Scottish economy. According to Scottish Building, the industry contributes over 10% of the Scottish GDP and employs some 18,000 people.
Putting this into perspective, the Scottish construction industry is twice the size of the region's agriculture sector and almost three times the size of the combined utility services. The construction industry makes an enormous contribution, not only to the physical, but also the economic development of Scotland.
As a whole, the Scottish Gross Domestic Product in Scotland rose by 1.7% over 2003 and by 0.2% in the fourth quarter (Q4) of 2003.
The equivalent UK figures show that GDP rose by 1.8% over 2003 and by 0.8% in 2003 Q4.
Gross Domestic Product (GDP) is a measure of the value of goods and services produced by residents, before allowing for depreciation or capital consumption.
The GDP figure excludes net receipts from interest, profits and dividends abroad and the estimates produced measure GDP at basic prices.
(AC)
Related UK National News Stories
Click here for the latest headlines.
28 March 2013
Record High For Scotland's Renewable Energy
The Department of Energy and Climate Change (DECC) has said Scotland generated 7% more renewable energy in 2012 than the previous year. In its latest report, it said 14,600 Gigawatt hours were generated in Scotland from renewable energy sources such as wind and hydro.
Record High For Scotland's Renewable Energy
The Department of Energy and Climate Change (DECC) has said Scotland generated 7% more renewable energy in 2012 than the previous year. In its latest report, it said 14,600 Gigawatt hours were generated in Scotland from renewable energy sources such as wind and hydro.
23 May 2013
14-Year-Old Rescued From Chimney
A 14-year-old boy has been rescued from a chimney by firefighters who had to dismantle to the 20ft stack brick by brick. The boy was wedged inside the chimney of a single-storey building in Cassels Street, Carluke, South Lanarkshire, but it is not yet known how the boy fell down the chimney.
14-Year-Old Rescued From Chimney
A 14-year-old boy has been rescued from a chimney by firefighters who had to dismantle to the 20ft stack brick by brick. The boy was wedged inside the chimney of a single-storey building in Cassels Street, Carluke, South Lanarkshire, but it is not yet known how the boy fell down the chimney.
09 November 2012
Scottish Referendum Question Confirmed
The exact wording of the Scottish independence question has been announced. The Scottish government has confirmed what question will be put before the people of Scotland when they are asked to vote on the independence referendum.
Scottish Referendum Question Confirmed
The exact wording of the Scottish independence question has been announced. The Scottish government has confirmed what question will be put before the people of Scotland when they are asked to vote on the independence referendum.
29 June 2012
Employers Get Support For Graduate Jobs
A new pilot scheme in Scotalnd to support graduate recruitment and business growth has been launched by the Minister for Youth Employment Angela Constance. Businesses with fewer than 50 employees in Ayrshire, Lanarkshire, Renfrewshire and Dumfries and Galloway can now receive up to £3,000 to take on a graduate in a permanent post.
Employers Get Support For Graduate Jobs
A new pilot scheme in Scotalnd to support graduate recruitment and business growth has been launched by the Minister for Youth Employment Angela Constance. Businesses with fewer than 50 employees in Ayrshire, Lanarkshire, Renfrewshire and Dumfries and Galloway can now receive up to £3,000 to take on a graduate in a permanent post.
11 January 2012
Scottish Independence Referendum Plans Announced
The Scottish Government plans to hold an independence referendum in the autumn of 2014, First Minister Alex Salmond said following a meeting of the Cabinet yesterday afternoon.
Scottish Independence Referendum Plans Announced
The Scottish Government plans to hold an independence referendum in the autumn of 2014, First Minister Alex Salmond said following a meeting of the Cabinet yesterday afternoon.
-
Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
