Friday, 14 October 2016

UK Construction Market Update - September

The ONS have released their Construction output in Great Britain: June 2016 and April to June 2016. Output was estimated to have decreased by 0.9% in June 2016 compared to May 2016. Also output was estimated to have decreased by 10.7% in Q2 2016 compared to Q1 2016 due to downward pressure from decreases in both all new work and repair and maintenance. More recent figures from the latest Barbour ABI Economic and Construction Market Review shows that in August 2016 all contract activity decreased by 5.1% compared to July 2016 and is 13.4% lower that the value recorded for August 2015.