April Construction Update
The Office for National Statistics published estimates of construction output, new orders, and output prices for April 2024.
- Monthly construction output is estimated to have decreased by 1.4% in volume terms in April 2024, with the monthly value in level terms at £14,940 million.
- The fall in monthly output came from decreases in both new work (1.9% fall), and repair and maintenance (0.8% fall); anecdotal evidence from survey returns suggests effects of heavy rainfall and strong winds affected output in April.
- At the sector level, seven out of the nine sectors saw a fall in April 2024; the main contributors to the monthly decrease were private housing new work, and private housing repair and maintenance, which fell by 4.4% and 2.5%, respectively.
- Construction output is estimated to have decreased by 2.2% in the three months to April 2024; this came from decreases in both new work (2.8% fall),
Read the full report here.
Download the ONS Construction update here.