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Construction output in Great Britain: November 2023
Construction output saw a decrease of 0.6% in the three months to November 2023; this came solely from a decrease in new work (3.6% fall), as repair and maintenance increased by 3.8%. Monthly construction output is estimated to have decreased 0.2% in volume terms in November 2023; this follows an upwardly revised decrease of 0.4% in October 2023, with the monthly value in level terms in November 2023 at £15,571 million. The decrease in monthly output came solely from a decrease in new work (2.0% fall), as repair and maintenance increased by (2.1%). At the sector level, three out of the nine sectors saw a fall in ... (full story)