October Construction Update from the Department for Business & Trade

The Office for National Statistics published estimates of construction output for August 2024 this morning.

Main points:

• Monthly construction output is estimated to have increased by 0.4% in volume terms in August 2024; this follows a decrease of 0.4% in July 2024.
• The increase in monthly output came from growth in new work (1.6%) as repair and maintenance fell by 1.0%.
• At the sector level, five out of the nine sectors grew in August 2024; the main contributors to the monthly increase were private housing new work and private commercial new work, which grew by 3.4% and 2.2%, respectively.
• Construction output is estimated to have grown by 1.0% in the three months to August 2024; this came from an increase in new work (1.7%), while repair and maintenance showed no growth.

Download the latest Monthly Construction update for the Department for Business & Trade here.