SAEMA, as provider of the best training and guidance in the temporary and permanent suspended access industry, aims to share the latest news regarding site safety as well as wider news from the construction industry. We are pleased to share the following update on construction output from the Construction Leadership Council (CLC).
Monthly construction output increased by 1.5% in volume terms in May 2022; this is the seventh consecutive monthly growth following the upwardly revised increase to 0.3% in April 2022; May 2022 is a record high in monthly-level terms (£15,053 million) since records began in January 2010.
The increase in monthly construction output in May 2022 came solely from an increase in new work (2.8%) as repair and maintenance saw a slight decline, decreasing 0.4% on the month.
At the sector level, the main contributors to the increase seen in May 2022 were private commercial new work and private new housing, which increased by 12.1% and 7.2% respectively.
The level of construction output in May 2022 was 4.1% (£598 million) above the February 2020 pre-coronavirus (COVID-19) pandemic level; new work was slightly below (£3 million) the February 2020 level, while repair and maintenance work was above (£601 million) the February 2020 level.
The recovery to date, since the falls at the start of the coronavirus pandemic, is mixed at a sector level, with infrastructure 19.0% (£356 million) above and private commercial 21.2% (£524 million) below their respective February 2020 levels in May 2022.
Alongside the monthly increase, construction output increased by 3.0% in the three months to May 2022, with increases seen in both new work, and repair and maintenance (2.4% and 4.1% respectively); this is the seventh consecutive growth in the three-month on three-month series, and the largest growth seen since June 2021 (4.0%).
Revisions in this release are seen back to January 2022 and are consistent with the GDP quarterly national accounts, UK: January to March 2022 bulletin, published on 30 June 2022.
Read the full BEIS construction dashboard here.
Download the ONS Construction update here.