Latest News Mon, Oct 16, 2023 6:34 AM
The construction sector fell by 0.5% in August 2023 after a fall of 0.4% in July 2023, according to the latest ONS data.
This is revised up from a 0.5% fall in the previous publication, with the monthly value in level terms in August 2023 at £15,584 million.
The decrease in monthly output came solely from a decrease in new work (1.5% fall), partially offset by an increase in repair and maintenance (1.0%) on the month.
At the sector level, five out of the nine sectors saw a fall in August 2023, with the main contributors to the monthly decrease seen in private commercial and private new housing, which decreased 4.1% and 1.4%, respectively.
Alongside the monthly decrease, construction output saw an increase of 0.9% in the three months to August 2023; this came from increases in both new work (0.9%), and repair and maintenance (0.9%).
In line with the National Accounts Revisions Policy, this release gives data for August 2023 for the first time and incorporates revisions for all periods; revisions up to June 2023 are consistent with the Gross domestic product (GDP) quarterly national accounts, UK: April to June 2023 bulletin, published 29 September 2023.
Featured News
Everyone wants a beautiful garage door and today, thanks to new materials, designs,...
At present, the materials supply chain is functioning well and product availability...
BUILDING PRODUCT LIBRARY - LATEST BROCHURES
Your high performanc...
By James Hardie
James Hardie brings...
By James Hardie
fermacell® The Speci...
By James Hardie
Hardie backer fibre...
By James Hardie
RIVERSTONE® - DISCOV...
By SSQ
BUILDING PRODUCT DIRECTORY - LATEST PRODUCTS
Senses Kitchen Surfaces. Beautifully Crafted, Effortlessly Maintained. The Senses range of...
FASSA's new SM 485: Your choice for a fast-setting, self-levelling smooth coat for interior floors,...
FASSA's new SL 416: A fast-setting, self-levelling smooth coat for interior floors. With superb...
CONSTRUCTION VIDEOS - LATEST VIDEOS
Specification Insights with Majestic London Showers
“Building with stone wool insulated sandwich panels” written by Professor Imperadori, is now...
Portakabin | Installation at the iconic Admiralty Arch, London