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Output in the Construction Industry Falls by 1.3% in First Year-on-Year Fall Since May 2013

The latest report from ONS estimated that output in the Construction Industry during August had decreased by 4.3% in comparison with the previous month.

For the first time since May 2013 we saw a year-on-year fall in output at 1.3%.

The decreases in output have come from all work types with a 3.6% decrease in new work and a 5.6% decrease in repair and maintenance work.

Quarter Comparisons

In a comparison between the first and second quarters of 2015, it was reported that construction output had fell by 0.8%, with a decrease in R&M of 3.6% whilst an increase of 0.7% in new work was reported.

When comparing the second quarter of 2015 with the second quarter of 2014, construction output was estimated to have increased by 2.8%. All new work increased by 5.6% whilst R&M decreased by 4.6%.

An overview of how the Output within the Construction Industry has changed over the past 5 years can be found below.

Figure 1; All work – monthly time series chained volume measures, seasonally adjusted (SA) index (2012=100)

August 2015

Figure 1: All Work – monthly time series chained volume measures, seasonally adjusted (SA) Index (2012 = 100)

Read the full report here.

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