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Construction output up 3.4% in 2015, says Office for National Statistics

Construction output for 2015 was 3.4 per cent up on 2014, according to the latest figures from the ONS, despite a slight decline in the last quarter.

According to Construction News, the final three months of 2015 showed a 0.4 per cent decline in output compared with the previous quarter, mainly driven by a drop in repair and maintenance work.

The quarterly decline represents a downward revision from the 0.1 per cent drop in the ONS’s preliminary estimate last month.

The annual output figures also showed that the repair and maintenance sector was holding back overall growth.

R&M work was 2.2 per cent down over the year, while new work increased by 6.8 per cent.

Despite the year-on-year growth being smaller than recent years, the figures have been broadly welcomed by the sector.

“The prospects for a continued upward trajectory look very promising,” said Scape Group chief executive Mark Robinson.

“Output growth for the year as a whole was lower than the historically strong growth seen in 2014, but still well exceeded trends during the economic downturn.

“A particularly promising sign is the momentum that gathered behind infrastructure output last year, which was the most significant driver of construction output growth.

”The government has given much-needed commitment to developing and improving the UK’s infrastructure, which, given significant population growth and the competitive international economic environment, must come to fruition.”

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