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Explain three methods, using recent statistics, of expressing the output of the U.K. construction industry


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Explain three methods, using recent statistics, of expressing the output of the U.K. construction industry

... CONSTRUCTION INDUSTRY AND MANAGEMENT STUDIES COURSEWORK/ASSIGNMENT 1 BSc CONSTRUCTION SUITE Explain three methods, using recent statistics, of expressing the output of the U.K. construction industry The Standard Industrial Classification 1968 classified construction as follows: "Erecting and repairing buildings of all types." This include all type of building work, repairing and maintenance work. Nowadays, housing, building, and other construction brings convenient, shelf and working place for human. Since that, housing properties have the most stable value in the industrial. It is arguable that the construction industry, though the products that it creates, has a greater effect on the environment than any other industry. Therefore, it has a greater effect on the economic (Patricia, 1988). The very size of the construction industry means that it is of importance to the economy. There are several ways in which the size of the industry can be measured and expressed through the pricing, material, Construction Company, GDP

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