ONS figures 'not true reflection' says Travis Perkins boss

Published: 10 May 2011
There is a "big disconnect" between the construction output figures from the Office of National Statistics and what the industry is actually experiencing, says Geoff Cooper, chief executive of builders merchant group Travis Perkins.
Cooper was interviewed for the Financial Times' View from the Top video channel. The ONS figures show that the construction industry contracted by 0.5%, however, Cooper said that there is concern that the figures "are not a true reflection of what is going on".

Watch the full interview here

He said that there is "a big disconnect between what we see and feel on the ground and the official figures", and that the industry generally believes that the market is "probably flat".

The Travis Perkins boss is not the only one to express concern at the apparent disparity between figures and experience. The Construction Products Association has also expressed concern that the figures do not reflect the reality.

An FT analysis of the interview can be seen here:


Already Registered?
Sign In
Not Yet Registered?
Printable View E-mail Bookmark

Digital Archives

Click here to view archived digital editions of Builders Merchants Jornal
May 2017

Digital Archives

Click here to view archived digital editions of Builders Merchants Jornal

Medium-sized merchants in Health & Safety fines warning

Builders’ merchants are at increasing risk of significant Health and Safety fines following last year’s changed H&S guidelines, especially those

Rockwool takes customers back to its origins

ROCKWOOL has launched “Origins”, a new integrated marketing campaign which takes customers on a journey to explore the deeper benefits of

Netwatch prevents premises crime

Netwatch keeps an eye on premises, preventing crime rather than just recording it.