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Mon April 12 2021

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Output edges up in second quarter

17 Aug 15 Construction industry output increased by 0.2% in the second quarter of 2015, compared to the first quarter of the year, after a 0.9% monthly rise in June.

Year-on-year, second quarter growth was 2.4%, while compared with June 2014 construction industry output in June 2015 increased by 2.6%, according to latest estimates from the Office for National Statistics (ONS).

During the second quarter (April to June 2015), the value of all new work increased by 1.0%, with private new housing, infrastructure and public other new work increasing by 3.9%, 0.5% and 1.2% respectively.

Repair and maintenance decreased by 1.2% in the second quarter 2 compared with Q1. Public housing repair and maintenance and non-housing repair and maintenance reported falls of 0.4% and 3.9% respectively.

Output is defined as the amount charged by construction companies to customers for value of work (produced during the reporting period) excluding VAT and payments to subcontractors.

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