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CONSTRUCTION OUTPUT DOWN SLIGHTLY IN VOLUME IN APRIL 2023

SAEMA – Specialist Access Engineering and Maintenance Association – has a long history in delivering the best training and guidance in the temporary and permanent suspended access industry.

In keeping with our commitment to advancing safety through raising the standards in best practice, we keep in touch with all the latest developments – chiefly safety, worker welfare and the environment. We are pleased to share the following story from the Construction Leadership Council (CLC).

Monthly construction output is estimated to have decreased 0.6% in volume terms in April 2023; this follows two months of consecutive growth.

  • The decrease in monthly output came from a decrease in new work (1.0% fall), with a small offset from an increase in repair and maintenance (0.1%) on the month.
  • At the sector level, five out of the nine sectors saw a fall in April 2023, with the main contributors to the monthly decrease being private housing repair and maintenance and private housing new work, which decreased 5.7% (£149 million) and 3.0% (£99 million), respectively.
  • Anecdotal evidence suggested a continued slow-down in private housing, referencing economic worries with customers hesitant to request work; despite this, similar to last month, some companies across other sectors have again reported an easing in inflation.
  • Alongside the monthly decrease, construction output saw an increase of 1.6% in the three months to April 2023; this is the eighth period of consecutive growth in the three-month-on-three-month series; the increase came solely from a rise in repair and maintenance (5.7%), as new work saw a decrease of 0.9%.

Read the full DBT construction dashboard here.

Download the ONS Construction update here.

#construction #economy #CLC #construction output #constructionleadershipcouncil

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