Industry figures reveal 5 per cent decline in education sector
Figures from industry ‘tracker’ Emap Glenigan have revealed the first signs of a downturn in the education sector, while ‘vulnerable’ sectors such as leisure continue to defy the credit crunch
The latest monthly results show the value of education contracts awarded to the top 10 practices fell from £1.9 billion to £1.8 billion in the year ending February 2009, compared with those in the 12 months ending March 2009. The figures follow the recent announcement by the Learning and Skills Council of delays to its £2.3 billion further education college programme.
In the same period, work in the world of leisure increased significantly from £825 million to £1 billion. The total values of contracts in the medical sector rose from £705 million to £1.1 billion.
The figures also revealed some sectors have suffered as expected. In the commercial sector, the value of contracts awarded has declined from £4.3 billion to £4.2 billion. Residential contracts have also experienced a weakening over the period, with figures revealing the value of contracts dropping from £4 billion to £3.9 billion.
The industrial sector increased slightly from £518 million to £532 million.
|Commercial - year to March 2009|
|1||Allford Hall Monaghan Morris||3||£568.00|
|4||O’Donnell + Tuomey||1||£500.00|
|5||Stiff and Trevillion||1||£500.00|
|6||Foreign Office Architects||1||£500.00|
|7||Rogers Stirk Harbour + Partners||2||£424.50|
|Leisure - year to March 2009|
|Education - year to March 2009|
|9||Poynton Bradbury Wynter||5||£130.10|
|Medical - year to March 2009|
|Industrial - year to March 2009|
|8||Cassidy + Ashton||3||£27.25|
|Residential - year to March 2009|
|3||Ian Simpson Architects||4||£400.50|
|9||Pollard Thomas & Edwards||7||£236.24|