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Release: Output in the Construction Industry, March and Q1 2014

Released: 09 May 2014 Next edition: 13 June 2014

Contact

Stuart Deneen, Office for National Statistics

Business Indicators and Balance of Payments

construction.statistics@ons.gsi.gov.uk

Telephone: +44 (0)1633 456344

Categories: Economy, National Accounts, National Income, Expenditure and Output, Business and Energy, Production Industries, Building and Construction, Output in the Construction Industry

Frequency of release: Monthly

Language: English

Geographical coverage: GB

Geographical breakdown: Region

Survey name(s): Construction: Output & Employment

  • The seasonally adjusted estimate of construction output in Q1 2014 rose by 0.6% (£180 million) when compared with Q4 2013. There were increases in both sub-sectors with new work increasing by 0.9% (£160 million) and repair & maintenance increasing by 0.2% (£20 million).

  • When comparing Q1 2014 with Q1 2013 construction output increased by 5.4% or £1.5 billion. Of this £1.5 billion increase, £1.0 billion was attributable to new work and the remaining £0.5 billion to repair & maintenance.

  • Estimated to be £9.4 billion in March 2014, output of construction was 1.0% lower than the February 2014 estimate of £9.5 billion.

  • The Preliminary Estimate of Gross Domestic Product (GDP) published on 29 April 2014 contained a forecast for quarterly construction output of 0.3%. This estimate has been revised within this release based on updated survey responses and is now estimated to be 0.6%, an upward revision of 0.3 percentage points. This upward revision has no effect on the preliminary estimate of GDP growth to one decimal place.

Construction output is a monthly series of the output of the construction industry in both the private and public sectors. In the months before the quarter month, current and constant price not seasonally adjusted data by sector are published. On the quarter months, additional constant price seasonally adjusted index data and value data by sector are published. On the months after the quarter, additional current price data by type of work and region are published.

These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.

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