As the provider of the best training and guidance in the temporary and permanent suspended access industry, SAEMA aims to keep readers up to date with the latest relevant news from the industry. We are pleased to share the following story from the
Monthly construction output increased 0.4% in volume terms in September 2022, which is the third consecutive monthly growth following small upward revisions, to 0.6% in August 2022 and 0.2% in July; September 2022 shows the highest level of construction output (£15,125 million) since records began in January 2010.
The increase in monthly construction output in September 2022 came from increases seen in both new work (0.6%) and repair and maintenance (0.2%) on the month.
At the sector level, 5 out of the 9 sectors saw a rise in September 2022, with the main contributors to the monthly increase seen in public housing repair and maintenance and infrastructure new work, which increased 11.3% and 2.8%, respectively.
The level of construction output in September 2022 was 4.0% (£575 million) above the February 2020 pre-coronavirus (COVID-19) pandemic level. New work was 0.3% (£29 million) below its February 2020 level, while repair and maintenance work was 12.0% (£604 million) above the February 2020 level
Alongside the monthly increase, construction output saw an increase of 0.6% in Quarter 3 (July to Sept) 2022, although this is the weakest quarterly growth since Quarter 3 2021 (1.1% fall); the increase came solely from growth in new work (2.4%) as repair and maintenance saw a decrease (2.2% fall).
Total construction new orders increased 6.4% (£774 million) in Quarter 3 2022 compared with Quarter 2 (Apr to Jun) 2022; this quarterly growth came mainly from private commercial new orders, which rose 27.7% (£832 million).
Read the full BEIS construction dashboard here.
Download the ONS Construction update here.
Image: Shutterstock