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Downturn online: NORTH EAST

Work in the medical and scientific sector is helping to protect the North East from the ravages of the financial downturn.

For this year to July the value of work stands at £196 million compared to £56 million last year. Planning approvals in medical and scientific stand at £51 million so far suggesting there is plenty of work upcoming.

Social housing and industrial have also shown resilience in the face of tougher spending. Glenigan values social housing starts in 2008 up to July at £168 million compared to £154 million for the entire previous year.

But planning approvals in social housing are only valued at £78 million this year compared to £355 million last year.

Industrial is also performing well and is valued at £145 million for the year so far compared to £120 million in 2007. For the year so far the value of planning approvals was £171 million compared to £304 million the previous year.

Education is feeling the pinch with the total value of orders standing at £250 million compared to £322 million for the whole of last year. Planning approvals for education are currently valued at £161 million.
Amenity work has been devastated in the region.

The value of such work stands at just £6 million so far this year compared to £117 million for the whole of 2007.

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