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 February 2014 fell by 2.8% (£270 million) when compared with January 2014. There were falls in both sub-sectors with new work falling 2.6% (£160 million) and repair & maintenance falling 3.1% (£110 million).
The longer term data show a slightly improved picture emphasising the volatility in the short term estimates. The three monthly (December to February) estimate of construction output is that all work grew 0.3% when compared with the previous three months (September to November) due to a 1.0% increase in new work. During this period repair & maintenance decreased 0.8% despite a slight rise of 0.3% in public housing repair & maintenance.
Estimated to be £5,800 million in February 2014, the output of new work is now 12.3% below its monthly peak of £6,600 million recorded in June 2011.
These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.