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Construction output rises in May as industry reopens

By July 14, 2020 No Comments

UK construction output rose by 8.2% in May 2020 as the industry reopened following the national lockdown.

As reported by the Construction Enquirer, despite this latest rise, the record fall in output suffered in April, at the height of the Coronavirus crisis, leaves monthly construction output still 39% down on February’s pre-lockdown output levels. This equates to a fall of £5.2bn in monthly output.

Despite this, the construction sector’s 8.2% growth in May is more than four times higher than the growth seen throughout the wider economy.

Private sector housebuilding saw the biggest growth, increasing by more than one-fifth, while public sector residential construction grew 42% during May.