11 April 2022
Headline figures are:
- Monthly construction output decreased by 0.1% in volume terms in February 2022, which was the first monthly decrease since October 2021; this follows an upwardly revised 1.6% increase in January 2022.
- Anecdotal evidence from returns received for the Monthly Business Survey for Construction and Allied Trades suggested the storms experienced between 16 and 21 February 2022 resulted in projects being delayed, as more working days were lost on sites and premises than normal for this time of the year.
- The decrease in monthly construction output in February 2022 came from a decrease in repair and maintenance (0.5%) as new work saw a slight increase of 0.1% on the month.
- At the sector level, the main contributors to the decline in February 2022 were infrastructure, and non-housing repair and maintenance, which decreased by 2.5% and 0.9% respectively.
- The level of construction output in February 2022 was 1.1% (£155 million) above the February 2020 pre-coronavirus (COVID-19) level; new work was 3.7% (£354 million) below, while repair and maintenance work was 10.2% (£509 million) above.
- Despite the monthly decrease, construction output rose 2.4% in the three months to February 2022; this is the strongest growth in the three-month-on-three-month series since June 2021 (4.0%), with similar increases seen in both new work, and repair and maintenance (2.2% and 2.6% respectively).
Download the full BEIS construction dashboard here.
Download the ONS Construction update here.