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Output in the Construction Industry Summary, December and Q4 2012

Released: 08 February 2013 Download PDF

Construction Output (constant (2005) prices, seasonally adjusted)

Construction Output
Source: Construction: Output & Employment - Office for National Statistics

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The estimated total volume of construction output in the fourth quarter of 2012 grew by 0.9% compared with the third quarter of 2012.  The small rise in the total volume of construction output halts the decline first seen in the third quarter of 2011.

The estimated volume of all new work grew by 1.6% in quarter four compared with quarter three 2012. The greatest contribution to this growth came from an increase in private housing of 5.9% and in infrastructure of 4.2%. Public housing and public other new work provided the downward pressure to all new work falling by 1.9% and 4.9% respectively.
The estimated volume of repair and maintenance in quarter four 2012 fell by 0.3% compared with quarter three. Both public and private housing repair and maintenance  provided downward pressure, decreasing by 0.8% and 4.8% compared with quarter three partially offset by an increase in non-housing repair and maintenance.

Looking now at year-on-year figures, the estimated total volume of construction output in the fourth quarter of 2012 fell by 9.3% compared with the same quarter of 2011 continuing the trend of year-on-year falls which started in quarter three 2011.

Non-seasonally adjusted data shows that the monthly path for quarter four did not follow the same path for quarter four months as seen in the previous two years of this series. While December has shown big falls compared with November for all three years of this series, the fall in December is exaggerated by unusually high values for October and November considering the overall level seen in the monthly series in 2012.

Source: Office for National Statistics

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