Construction Output Falls
Posted: 12th February 2021
- Construction output fell by 2.9% in the month-on-month all work series in December 2020, because of falls in both new work (3.8%) and repair and maintenance (1.5%); this is the first decline in monthly growth since April 2020 when it fell by a record 40.7%.
- The December 2020 level of output is 3.5% below the pre-coronavirus February 2020 level.
- Quarterly construction output grew by 4.6% in Quarter 4 (Oct to Dec) 2020 compared with Quarter 3 (July to Sept) 2020, driven by quarterly growth in both new work (4.0%) and repair and maintenance (5.5%).
- All work fell by 12.5% in 2020 compared with 2019; this was the largest decline in annual growth since 2009 where output fell 13.2%.
Share this story:
Contact us:
Telephone: 020 7399 7400
Email: enquiries@cic.org.uk
Read more:
- New Industry Initiative to Promote Careers in the Built Environment in Schools and College
- MEMF School Competition: Building A Sustainable Future
- Dr Wei Yang, CIC Chair is awarded the OBE in the Kings New Year Honours’ List 2025
- CIC welcomes government response to NPPF consultation
- CMA probes possible bid-rigging in relation to school improvement fund