Spotlight
Construction output in Great Britain: March 2022, new orders and Construction Output Price Indices, January to March 2022
What's in the bulletin?
- Monthly construction output increased by 1.7% in volume terms in March 2022; this is the fifth consecutive monthly growth and a record high in monthly level terms (£14,994 million) since monthly records began in January 2010.
- The increase in monthly construction output in March 2022 was driven by increases seen in both repair and maintenance (3.0%) and new work (1.0%); At the sector level, private housing repair and maintenance (5.8%) and private commercial new work (4.0%) were the main contributors to the monthly increase.
- Anecdotal evidence from returns received for our Monthly Business Survey for construction and allied trades suggested storms between 16 and 21 February 2022 resulted in businesses seeing a higher workload in March 2022; this is because of the repair work derived from the storms.
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