In constant prices, not seasonally adjusted, the total volume of construction output in February 2012 is estimated to have been 4.6 per cent lower than in February 2011.
The following compares the total output volume for the three months from December 2011 to February 2012 with that of the same three months one year ago, in constant prices, not seasonally adjusted:
The volume of construction output rose by 0.2 per cent. New work fell by 0.5 per cent and repair and maintenance grew by 1.4 per cent.
Over the period, the volume of new infrastructure work increased by 6.1 per cent; private commercial new work increased by 6.5 per cent; private new housing increased by 4.6 per cent and non-housing repair and maintenance increased by 5.0 per cent.
These rises were almost wholly offset by falls in other sectors, the largest of this was a drop of 16.9 per cent in new public non-housing work.
In the last publication, for January 2012, Q4 2011 was reported to have decreased by 0.2 per cent compared with Q3 2011 (constant prices, seasonally adjusted). However, the estimate for Q4 2011, non seasonally adjusted, has now been revised upwards by just under 1 per cent. The revised seasonally adjusted figure will be published along with the March and Q1 2012 publication.
Tabulation by size band (see Table 10 of the data tables, current prices, non seasonally adjusted) shows that in Q4 2011, 40 per cent of construction output was carried out by companies with a registered employment of over 100 or turnover greater than £60m.
Source: Office for National Statistics
The new monthly output survey commenced in January 2010, replacing the existing survey which was carried out quarterly.
Seasonally adjusted monthly estimates will not be available until enough monthly estimates have been produced (about three years of estimates are required).
These figures do not adjust for the extra day in February due to 2012 being a leap year.
All monthly values, including the graph, have been produced using estimates in constant prices (KP), not seasonally adjusted.
As a user of our statistics, we would welcome feedback on this release, in particular on the content, format and structure. Please send feedback to the following email or postal address:
Construction, Capex and Stocks Statistics, Room 2.301, Office for National Statistics, Government Buildings, Cardiff Road, Newport, NP10 8XG
For further information about this release, please contact Stephen Curtis:
Tel: +44 (0)1633 456344
Date of next Output in the Construction Industry publication: 11 May 2012
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