In third quarter, construction new work output grows by 2.8%

By February 17, 2021April 29th, 2022Uncategorized

Construction output has continuing to recover once a comparatively weak begins to the year, rising by 2.1% within the third quarter from July to Sept.

This pursues a fall of 1.6% in the principal quarter from January to March and a lazy increment of 0.8% in the second quarter of 2018.

The third quarter uplift was driven by all new work, that multiplied by 2.8%, and repair and maintenance that multiplied by 1.0%.

In real money terms development yield ascended by £872m on the on the previous quarter non-public housing new work being the engine of growth with a £507m increase.

Non-housing repair and maintenance and infrastructure, expanded by £230m and £191m individually.

Private industrial new work plunged by £23m.