March 25, 2005—The UK’s Department of Trade and Industry has released statistics for Output and Employment in the Construction Industry in 2004.
The total volume of construction output in 2004 rose by four per cent compared to the previous year. Overall new work rose over the same period, despite a decrease in the infrastructure sector. Repair and maintenance was unchanged, with decreases in the public and private non-housing sectors offsetting increases in the public and private housing R&M. Output in the fourth quarter of 2004 rose by one per cent compared to the third quarter in volume terms and was broadly unchanged in current prices.
The total volume of new work in 2004 was seven per cent higher compared with the previous year but was unchanged in the fourth quarter compared with the previous quarter. The total volume of repair and maintenance work was unchanged in 2004 compared with the previous year, but was two per cent higher in the fourth quarter of 2004 compared to the previous quarter.
