Statistical bulletin: Construction Output, October and New Orders, Q3 2013

Part of Output in the Construction Industry, October 2013 Release

Released: 13 December 2013 Download PDF

Contents

• Key Points
• Introduction
• Economic Context
• Output in the Construction Industry, October 2013
• Revisions to Construction Output
• Orders for New Construction – Q3 2013
• Construction estimates in gross domestic product
• Background notes
• Statistical contacts

Key Points

• ONS estimates that in October 2013 the volume of monthly construction output increased by 5.3% when compared with October 2012. There were increases in both new work (up by 5.1%) and repair and maintenance (up by 5.6%).
• Construction output grew 2.2% in October 2013 when compared with September 2013 with increases in both new work and repair and maintenance of 2.4% and 2.0% respectively.
• Comparing the month on month estimates in October, new work rose 2.4%, mainly due to strong growths in both the new housing and infrastructure sectors of 5.8% and 7.5%. The 2.0% increase in repair and maintenance was attributable to the 3.9% increase in non-housing repair and maintenance as housing repair showed no growth in October.
• In the three months from August to October 2013, construction output has increased by 2.5% with growth of 2.8% in new work and 2.1% in repair and maintenance, when compared with the three previous months, May to July.
• Within the all new work sector, private industrial fell 5.8% in October 2013 when compared with September 2013 and is now estimated to be at its lowest level since the series began in January 2010. New orders data for private industrial, however, show an increase of 31.8% for planned projects.
• New orders estimates in this bulletin and the associated dataset are based on data supplied by Barbour ABI. Additional information can be found in the background notes section of this bulletin.
• New Orders in the Construction Industry in Q3 2013 is estimated to be 0.2% lower when compared with Q2 2013 primarily due to an £250 million (11.1%) fall in public other new work. This fall in public other new work was partially offset by a £200 million (31.8%) increase in private industrial other new work. Within the other new work sector only private industrial other new work showed a rise during this period.
• When comparing Q3 with the same quarter a year ago new orders have shown growth of 17.8%, an increase of almost £2 billion. The year on year rise in new orders was due to a £1.2 billion (41.6%) increase in new housing and a £600 million (21.3%) increase in private commercial other new work. The only sub-sector to show negative growth over this period was public other new work, which is estimated to have fallen 3.9%.

Source: Office for National Statistics licensed under the Open Government Licence v.1.0.