Construction shrinks 0.5% in November
This post has already been read 1540 times!
New figures from the ONS have confirmed that output in the construction industry fell In November 2015 by 0.5%, output in the construction industry was estimated to have decreased by 0.5% compared with October 2015. All new work was the largest contributor to the fall, decreasing by 0.7%, with repair and maintenance (R&M) falling 0.2%
Within new work, there were increases in public other (2.3%), private industrial (1.7%) and total housing (0.9%). However, these were offset by decreases in infrastructure and private commercial work of 4.3% and 1.5% respectively.
Repair and maintenance (R&M) decreased by 0.2% with decreases in both components of housing repair and maintenance; private falling by 1.3% and public by 0.7%. Non-housing repair and maintenance increased by 0.8%.
Compared with November 2014, output in the construction industry decreased by 1.1%. All new work increased by 1.3% while there was a fall of 5.1% in repair and maintenance. The main upwards contribution to all new work came from infrastructure which increased by 11.7%.
Comparing the 3 months, September 2015 to November 2015, with the previous 3 months, June 2015 to August 2015, construction output fell by 1.4%. All new work and all repair and maintenance decreased by 1.4% and 1.2% respectively.
When comparing the 3 months, September 2015 to November 2015, with the same 3 months a year ago, construction output was estimated to have decreased by 0.1%. All new work increased by 2.4% while repair and maintenance decreased by 4.3%.