Infrastructure sector remains strong as construction output starts the year slow

  • 13 Mar 2017

The construction industry showed signs of a slow start to 2017 as output dropped by 0.4 per cent in January 2017, according to the latest figures released by the Office of National Statistics.

The monthly business survey also revealed a 1.3 per cent drop in repair and maintenance – citing decreases in public housing and non-housing investment – and a minor 0.1 per cent growth in all new work.

Rolling 3 month and monthly all work, January 2017

Office of National Statistics: Rolling 3 month and monthly output (January 2017).

Despite a disappointing start to the year, output grew on a 3 month on 3 month basis by 1.8 per cent, and the thriving infrastructure sector grew month-on-month consecutively for the third time, increasing 3.5 per cent. Infrastructure is now up 33.7 percent from Q4 2015.

Multi-billion pound projects such as HS2 and Hinkley Point C are likely to see this growth continue, as the infrastructure sector is forecast to grow 28 per cent in the coming years.

Construction output 2016 revisions

Upward reviews for all 4 quarters in 2016 has seen overall annual construction output grow from 1.5 per cent to 2.4 per cent last year. This included a revision for Q4 from 0.2 per cent to 1 per cent.

The revisions also revealed that the annual volume of new orders is now at its highest level since 2008, despite a 2.8 per cent drop in Q4.

Leave a Reply

Latest news

MRA

MRA shortlisted for 15 Construction Marketing Awards

Full-service agency MRA Marketing has been shortlisted for 15 awards across 10 categories in this year’s prestigious Construction Marketing Awards (CMAs).

Posted in Articles, Awards, Building Associations & Institutes, Building Industry Events, Building Industry News, news

ASSA ABLOY

ASSA ABLOY hands-free solutions to help limit the spread of COVID-19

There are a range of hands-free door opening solutions – available to suit all budgets and needs – that can help minimise the spread of infection, says the ASSA ABLOY Door Hardware Group.

Posted in Access Control & Door Entry Systems, Architectural Ironmongery, Articles, Building Industry News, Building Products & Structures, Doors, Health & Safety, news, Security and Fire Protection

C-TEC

C-TEC creates new evacuation alert video

Leading life-safety systems manufacturer, C-TEC, has created a new Evacuation Alert Systems video.

Posted in Articles, Building Industry News, Building Services, Facility Management & Building Services, Health & Safety, Security and Fire Protection, Video of the Week

Baxi

Launch of Baxi Assure offers the complete home service for contractors

As the UK moves towards net-zero carbon emissions by 2050 and an ever-growing demand for housing, Baxi has launched a suite of products and services for heating and hot water systems – Baxi Assure.

Posted in Articles, Building Industry News, Building Services, Heating Systems, Controls and Management, Heating, Ventilation and Air Conditioning - HVAC, Innovations & New Products, Posts, Sustainability & Energy Efficiency