Kate Davies
Business Indicators and Balance of Payments
construction.statistics@ons.gsi.gov.uk
Telephone: +44 (0)1633 456344
Categories: Business and Energy, Production Industries, Building and Construction, Output in the Construction Industry, Economy, National Accounts, National Income, Expenditure and Output
Frequency of release: Monthly
Language: English
Geographical coverage: GB
Geographical breakdown: GB
Survey name(s): Construction: Output & Employment
The estimated total volume of construction output in the third quarter of 2012 fell by 2.6 per cent compared with the second quarter of 2012. The fall in the total volume of construction output continues the decline first seen in the third quarter of 2011. The private commercial sector provides the largest contribution to the decline in the third quarter of 2012, but is offset somewhat by an increase in new infrastructure work. All estimates are constant price (2005), seasonally adjusted.
There were widespread falls in the volume of construction output in the third quarter of 2012 when compared with the second quarter. There were falls in seven of the nine sectors, with the largest decrease being in private commercial, which fell by 8.2 per cent.
New infrastructure showed the largest quarter on quarter increase with a growth of 9.9 per cent. However, the latest quarter-on-quarter growth has not brought the output of this sector back to the levels seen in late 2011.
The estimated level of the total volume of construction output in the third quarter of 2012 was the lowest since the second quarter of 1999.
The estimated volume of all new work fell by 2.2 per cent and repair and maintenance fell by 3.2 per cent in the third quarter compared with the second quarter of 2012.
The estimated total volume of construction output in the third quarter of 2012 fell by 11.3 per cent compared with the same quarter of 2011.
The estimated volume of all new work fell by 14.5 per cent in the third quarter compared with the same quarter in 2011 while repair and maintenance fell by 4.8 per cent over the same period.
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.