Business Indicators and Balance of Payments Division
Telephone: +44 (0)1633 456344
Frequency of release: Monthly
Geographical coverage: GB
Geographical breakdown: Region
Survey name(s): Construction: Output & Employment
The estimated total volume of construction output in the fourth quarter of 2012 grew by 0.9% compared with the third quarter of 2012. The small rise in the total volume of construction output halts the decline first seen in the third quarter of 2011. The private housing and infrastructure sectors provided the greatest contribution to the increase in the fourth quarter, growing by 5.9% and 4.2% respectively, but are partially offset by decreases in new public non-housing work and private housing repair and maintenance, which fell by 4.9% and 4.8% respectively.
The estimated volume of all new work grew by 1.6% and repair and maintenance fell by 0.3% compared with the third quarter of 2012.
The estimated total volume of construction output in the fourth quarter of 2012 fell by 9.3% compared with the same quarter of 2011 continuing the trend of year-on-year falls started in quarter three 2011.
The estimated volume of all new work fell by 11.6% in the fourth quarter compared with the same quarter in 2011, while repair and maintenance fell by 4.7%.
The non-seasonally adjusted output for the fourth quarter (months of October, November, December) showed a somewhat different pattern to previous years (although the survey has been running for only three years). Although December has shown large falls compared with November for all three years, in 2012 the fall was bigger. In addition, output has fallen between September and October in the two previous years but rose by 8.8% this year. Finally output has risen between October and November in the previous two years but fell by 3.1% this year.
These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.