Council Leader Cllr Bev Craig and Chief Executive Tom Stannard react to the survey that provides a commentary on the construction sector in the UK's major cities.
Leader of Manchester City Council Bev Craig said:
"The annual crane survey shows that Manchester continues to have a strong and growing economy, and our city and region remains one of the most important engines of growth in the UK - and one of the fastest growing places in Europe.
"The survey is a useful litmus test that makes sure that our city continues to thrive, and despite a challenging economic backdrop for much of the country, we are building record numbers of homes - including more affordable housing than at any other point in the last decade - we saw more than 1m sq ft of much-needed office space delivered to market last year alone, with more than 1.5m sq ft under construction, alongside a range of commercial space opportunities.
"Manchester is leading the way in construction, but this isn't just about buildings. This is about driving investor confidence to create a long-term supply of development. This is about creating high quality employment opportunities that help our residents to prosper. And it's about creating a global city that is attractive, welcoming and future proof.
"The pandemic presented a range of economic challenges for the UK's towns and cities, and building has broadly slowed. Thankfully Manchester is bucking that trend and we are continuing to attract major business, investment and residential opportunities that will help meet demand and support our city's ongoing growth."
Tom Stannard, Chief Executive of Manchester City Council, said:
"The annual Crane Survey shows some very encouraging signs that Manchester is continuing to weather a very challenging period for the UK's town and cities. Sustainable economic growth is good for Manchester and our region, and it's good for the country.
"We are seeing high demand for premium office space met with major investment in our city centre, which in turn supports new employment opportunities - vital to help our residents succeed. We are also seeing tourism bounce back to pre-pandemic levels, and we are meeting the targets set out in our ambitious housing strategy.
"This tells a story of a city that is weathering the economic storm, despite very real and ongoing challenges. Manchester is a place that is attracting new business and quality development, we are at the forefront of the UK's growing tech sector, and we are a place where our residents are supported to thrive and share in the success of the city.
"We of course stand ready to continue to support the Government on their economic growth mission, which puts our city and region as a key engine of growth for both the North and the UK at large."