In constant (2005) prices, non-seasonally adjusted, the total volume of construction output in May 2012 is estimated to have been 6.3 per cent lower than in May 2011.
Comparing the three months from March to May 2012 with the same three months one year ago (constant (2005) prices, non-seasonally adjusted) we see that:
The volume of construction output decreased by 7.4 per cent. New work decreased by 9.9 per cent and repair and maintenance decreased by 2.4 per cent.
Over the period, the volume of new public housing work decreased by 22.9 per cent; new public non-housing (excluding infrastructure) decreased by 21.5 per cent; and new infrastructure decreased by 21.3 per cent.
Two sectors showed a slight increase in work: new private commercial rose by 0.2 per cent and non-housing repair and maintenance by 0.5 per cent.
Table 10 of the data tables (442.5 Kb Excel sheet) (current prices, non-seasonally adjusted, by size band) shows that in Q1 2012, 43 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
As part of the celebrations for the Queen's Diamond Jubilee there are changes to bank holidays in May and June 2012, as outlined on the Direct.gov website.
The late May bank holiday, which would have fallen in the period covered by this publication, has been moved to June and an additional day's holiday has been added. The change to the holidays will count as a statistical special event in line with ONS's policy on Special Events.
As such, caution should be taken when interpreting the monthly movements in affected outputs involving May and June 2012.
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 data are available for this to be done reliably. After 3 years of estimates are available, ONS will review if it is feasible to introduce a seasonally adjusted series.
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 Statistics, Room 2.001, Office for National Statistics, Government Buildings, Cardiff Road, Newport, South Wales, NP10 8XG
For further information about this release, please contact Kate Davies:
Telephone: +44 (0)1633 456344
Date of next Output in the Construction Industry publication: 10 August 2012.
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