Construction Output Grew by 23.5% in June 2020

  • Monthly construction output grew by a record 23.5% in June 2020, substantially higher than the previous record monthly growth of 7.6% in May 2020; despite this strong monthly growth, construction output in June 2020 remains comparatively low at 24.8% below the February 2020 level, which was before the full impact of the coronavirus (COVID-19) pandemic.
  • Quarterly construction output fell by a record 35.0% in Quarter 2 (Apr to June) 2020 compared with Quarter 1 (Jan to Mar) 2020; this was driven by record falls of 35.2% in new work and 34.7% in repair and maintenance.
  • The decrease in new work (35.2%) in Quarter 2 2020 was because of record quarterly falls in almost every new work sector; the largest contributor was private new housing, which fell by 51.2% in Quarter 2 2020 compared with Quarter 1 2020.
  • The decrease in repair and maintenance (34.7%) in Quarter 2 2020 was because of record falls in all repair and maintenance sectors; the largest contributor was private housing repair and maintenance, which fell by 46.5% in Quarter 2 2020 compared with Quarter 1 2020.
  • New orders decreased by a record 51.1% in Quarter 2 2020 compared with Quarter 1 2020; this decrease was because of record falls in both all other work and new housing, which declined by 51.9% and 49.0% respectively.

ONS Construction Update

BEIS Construction Dashboard

twitter#construction #economy #CLC #construction output #constructionleadershipcouncil

 

Latest news