Stuart Deneen, Office for National Statistics
Business Indicators and Balance of Payments
Telephone: +44 (0) 1633 456344
Frequency of release: Monthly
Geographical coverage: GB
Geographical breakdown: Region
Survey name(s): Construction: Output & Employment
The seasonally adjusted chained volume measure of construction output in Q2 2013 was estimated to be 1.4% higher when compared with Q1 2013 (See figure 2). This quarterly rise in output was due to a 5.0% increase in the first month of the quarter followed by two months of contraction.
Comparing Q2 2013 with the same period a year ago, construction output fell by 0.5% (See figure 2). New work was 1.0% lower with large falls in public other new work and private-commercial other new work, which reported decreases of 12.3% and 8.2% respectively. There were large year-on-year growths in new housing where public and private new housing showed increased growths of 9.8% and 8.2% respectively.
Comparing June 2013 with May 2013 construction output showed a fall of 0.7% (See figure 1). All new work increased by 0.3% with a 2.4% decrease in all repair & maintenance.
The preliminary estimate of gross domestic product (GDP) for Q2 2013 published on 25 July 2013 contained a nowcast of construction output growth for Q2 2013 of 0.9%. The revision to construction output of 0.5% to 1.4% has no effect on the preliminary estimate of GDP to 1 decimal place.
Users are reminded that the figures contained within this release are estimates produced from a monthly survey of 8,000 businesses in Great Britain. Unless otherwise stated, the estimates in this release are seasonally adjusted, chained volume measures. Explanations of the terms used within this release can be found in the ‘background notes’ section of this bulletin.
• In line with the announcement made in the article ‘Improvements to the methods used to compile Output in the Construction Industry statistics’, this statistical bulletin now contains monthly seasonally adjusted chained volume estimates. Further details can be found in the background notes section of this bulletin.
Construction output estimates are a short term indicator of construction output by private sector and public corporations within GB. The estimates are produced and published at current prices (including inflationary price effects) and at chained volume estimates (with inflationary effects removed) both seasonally adjusted and non-seasonally adjusted. Chained volume measures are also described as volume. Construction output is used in the compilation of the production approach to measuring gross domestic product (GDP).
The data are available as both a monthly and quarterly time series, with additional tables for survey analysis being produced at the third month in the quarter and published in that, the quarterly, release. In addition to this, the first month after the quarterly release includes supplementary analysis on type of work and regional breakdowns in current prices.
These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.