ONS: Construction Output For November

The ONS has published data on construction output estimates for November 2024.

Construction output estimates are monthly estimates of the amount of output chargeable to customers for building and civil engineering work done in the relevant period, excluding Value Added Tax (VAT) and payments to subcontractors.

• Monthly construction output is estimated to have grown by 0.4% in volume terms in November 2024; this follows an upwardly revised decrease of 0.3% in October 2024.
  
  
• This increase in monthly output came from rises in both new work (0.3%) and repair and maintenance (0.5%).
  
  
• At the sector level, five out of the nine sectors grew in November 2024; the main contributors to the monthly increase were private commercial new work and non-housing repair and maintenance, which grew by 3.1% and 1.1%, respectively.
  
  
• Construction output is estimated to have increased by 0.2% in the three months to November 2024; this came solely from an increase in new work (0.4%), as repair and maintenance was flat (0.0%) over the period.

Source : ONS

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