ONS: February output down 1.9%
After a return to growth in January, construction output in Great Britain fell back again in February, according to latest estimates.
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After a return to growth in January, construction output in Great Britain fell back again in February, according to latest estimates.
Industry leaders have highlighted project delays caused by heavy rain after construction output declined in February. The latest Office for National
Monthly construction output decreased 1.9% in volume terms in February 2024; this follows a 1.1% increase in January 2024, This is according to the latest construction output data from the Office of National Statistics (ONS). The decrease in monthly output came from decreases in both new work (2.3% fall), and repair
UK construction companies indicated a strong improvement in business activity expectations in January, with optimism reaching its highest level for two years. This was according to the S&P Global UK Construction Purchasing Managers’ Index (PMI) – a seasonally adjusted index tracking changes in total industry
Construction output dropped by 0.6% in the three months to November 2023, data from the Office of National Statistics shows. Monthly construction output is estimated to have decreased 0.2% in volume terms. The monthly value in level terms in November 2023 stand at £15,571 million. The ONS data shows that the decrease