Construction output in the United Kingdom plunged 44 percent year-on-year in April of 2020, following 7.1 percent drop in the previous month and compared to market forecasts of a 36.2 percent fall. It is a record decline in construction output after the country imposed a lockdown from March 23rd due to the coronavirus, forcing many businesses to close. Declines were seen in all subsectors, but the biggest were reported for public new housing (-66.1 percent) and private new housing (-63.6 percent). Repair and maintenance was down 42.8 percent and other new work declined 44.7 percent.

Construction Output in the United Kingdom averaged 1.81 percent from 1997 until 2020, reaching an all time high of 24 percent in March of 2002 and a record low of -44 percent in April of 2020. This page provides the latest reported value for - United Kingdom Construction Output - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.

Construction Output in the United Kingdom is expected to be -30.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in the United Kingdom to stand at 4.50 in 12 months time. In the long-term, the United Kingdom Construction Output is projected to trend around 5.10 percent in 2021 and 2.50 percent in 2022, according to our econometric models.

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United Kingdom Construction Output

Actual Previous Highest Lowest Dates Unit Frequency
-44.00 -7.10 24.00 -44.00 1997 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-11 09:30 AM Jan 1.6% 5% 2.4% 2.9%
2020-04-09 06:00 AM Feb -2.7% 0.5% -0.1% -0.4%
2020-05-13 06:00 AM Mar -7.1% -2.8% -8.2% -7.6%
2020-06-12 06:00 AM Apr -44% -7.1% -36.2% -38.7%
2020-07-14 06:00 AM May -44% -37.7% -34%
2020-08-10 06:00 AM Jun -20%
2020-09-10 06:00 AM Jul
2020-10-09 06:00 AM Aug
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
UK Construction Output Falls at Record Pace
Construction output in the United Kingdom plunged 44 percent year-on-year in April of 2020, following 7.1 percent drop in the previous month and compared to market forecasts of a 36.2 percent fall. It is a record decline in construction output after the country imposed a lockdown from March 23rd due to the coronavirus, forcing many businesses to close. Declines were seen in all subsectors, but the biggest were reported for public new housing (-66.1 percent) and private new housing (-63.6 percent). Repair and maintenance was down 42.8 percent and other new work declined 44.7 percent.
2020-06-12
UK Construction Output Slumps 7.1% in March
Construction output in the United Kingdom plunged 7.1 percent year-on-year in March of 2020, following an upwardly revised 2.8% drop in the previous month and compared to market forecasts of a 8.2% drop. It is the biggest decline in construction output since January of 2013 after the country imposed a lockdown from March 23rd due to the coronavirus, forcing many businesses to close. Declines were seen in new housing (-8.4% vs -6.7% in February), repair and maintenance (-7.8% vs -4.5%), new work (-6.8% vs -1.9%) and infrastructure (-1.1% vs +0.7%). On a monthly basis, construction output fell by 5.9%, the biggest decline on record and driven by a 6.2% decrease in new work and a 5.1% decrease in repair and maintenance; all of these decreases were the largest monthly falls on record since the monthly records began in January 2010.
2020-05-13
Construction Output in the UK Falls the Most since 2018
Construction output in the United Kingdom fell 2.7 percent year-on-year in February of 2020, following a downwardly revised 0.5 percent rise in the previous month and much worse than market expectations of a 0.1 percent fall. It is the biggest plunge in construction output since December of 2018, due to declines in new housing (-6.7 percent), all new work (-1.8 percent) and repair and maintenance (-4.4 percent). On a monthly basis, construction output declined 1.7 percent, driven by a 3.4 percent fall in new work, which more than offset 1.7 percent growth in repair and maintenance. This is likely to have been impacted by the adverse weather experienced throughout February 2020, as it was the wettest February since records began in 1862.
2020-04-09
UK Construction Output Growth Slows to 1.6% in January
Construction output in the United Kingdom rose 1.6 percent year-on-year in January of 2019, down sharply from a 5 percent surge in December and missing market expectations of a 2.4 percent gain. All new work grew less (4.8 percent vs 5.6 percent in December), led by total housing (4.9 percent vs 6.9 percent), namely the private segment (3.3 percent vs 5.7 percent) and infrastructure (2.9 percent vs 7.5 percent). In addition, all repair and maintenance posted the largest decline since August 2015 (-4.5 percent vs 3.8 percent). On a brighter note, sharp increases were recorded for public housing (14.3 percent vs 13.7 percent) and other new work from both private industrial (7.9 percent vs 1.7 percent) and private commercial (7.1 percent vs 5.4 percent). On a seasonally adjusted monthly basis, construction activity decreased 0.8 percent, following a 0.4 percent increase in the previous month and against market estimates of a 0.2 percent gain.
2020-03-11

United Kingdom Construction Output
In the United Kingdom, construction output measures the yearly change in the amount charged by construction companies to customers for value of work. The value is based on the sample of 8,000 businesses, employing over 100 people or with an annual turnover of more than £60 million. Construction estimates are a component of GDP from the production approach, contributing approximately 6.4% of GDP.