ONS report reveals fall in construction output for February

  • 7 Apr 2017

The recent release of data by the Office for National Statistics demonstrated that output in the construction industry fell by 1.7% in February 2017, in comparison to January 2017.

This came despite output in the construction industry growing 1.5% for the fourth consecutive period on a three month on three month basis and defying expectations for 0.1% growth.

Following January’s strong growth, infrastructure provided one of the main downward pressures on output in February, decreasing by 7.3%.

Output in Britain’s construction sector significantly slowed in February, mainly due to a slump in infrastructure work, according to the data.

Output is the amount chargeable to customers for building and civil engineering work done in the relevant period excluding VAT and payments to sub-contractors.

Construction output is made up of new work and repair and maintenance. The drop in output was driven by a fall in all new work, mainly as a result of a sizeable fall in infrastructure. All new work fell by 3.3% in February 2017, driven by large falls in new housing and infrastructure.

Repair and maintenance, however, grew in February, increasing month-on-month by 1.2%; month on year by 0.8%; and 3 month on 3 month by 0.6%. New housing also contributed to the monthly decrease in overall output, falling month-on-month by 2.6% in February, increasing 1.2% from its negative growth in January.

Howard Archer, chief UK and European economist at IH Markit, warned that the economy is likely to slow appreciably as 2017 progresses.

Leave a Reply

Latest news

GGF

Brexit 2021 debated at GGF Members’ Week

At the recent GGF Members’ Week, an expert panel from industry and politics gathered to debate the impact of Brexit on the glazing sector. 

Posted in Articles, Building Associations & Institutes, Building Industry Events, Building Industry News, Building Products & Structures, Exhibitions and Conferences, Glass, Glazing, news, Posts, Seminars, Windows

Crown

Crown Paints continues its support of local community projects

Crown Paints has continued its efforts to add colour to people’s lives during these unprecedented times, through a series of paint donations to community projects nationwide. 

Posted in Articles, Building Industry Events, Building Industry News, Building Products & Structures, Case Studies, Charity work, Paints, Coatings & Finishes, Posts, Restoration & Refurbishment, Retrofit & Renovation

Delta Membranes

Delta: What are the benefits of using Root Barrier Protection in green roofs?

When it comes to building sustainable homes, Delta Membranes says green roofs are one of the more popular options, given both their ‘green’ factor and aesthetical appearance.

Posted in Articles, Building Industry News, Building Products & Structures, Building Systems, Damp & Waterproofing, Membranes, Roofs, Sustainability & Energy Efficiency, Walls

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