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