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Construction output records show highest month on month growth since September 2020

Construction output rose by 1.6% in February 2021, marking a second monthly rise according to the latest ONS figures.

New work saw an increase of 1.5% and there was a 1.9% rise in repair and maintenance. This was the highest monthly growth in all work since September 2020 when it grew by 1.8%.

The monthly increase in new work was due to growth in all new work sectors apart from infrastructure. The largest contributor to this growth was the private commercial sector which grew by 4.0%, and public new housing which grew by 13.5%.

However, the level of construction output in February 2021 was still 4.3% below the February 2020 level, whilst new work was 7.8% below. Repair and maintenance work was 2.2% above the February 2020 level and is the only sector that has recovered above its pre-pandemic level.

This decline follows revisions in the release and now represents the largest decline in annual growth since annual records started in 1997.

Despite this, the construction industry still stands above all other sectors as the fastest growing part of the economy.

Gareth Belsham, director of the national property consultancy and surveyors said: “This jump in output would be impressive at any time. But coming in the middle of a nationwide lockdown, it shows just how well the industry has managed to adapt to social distancing rules and speaks of the deep reserves of pent-up demand.”

It is promising to see a continued increase in the construction industry. The figures are suggesting that the industry will maintain a slow recovery following the downturn over the last year.

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