Monthly construction output is estimated to have decreased 1.9% in volume terms in February 2024; this follows a 1.1% increase in January 2024, with the monthly value in level terms at £15,229 million in February 2024. The decrease in monthly output came from decreases in both new work (2.3% fall), and repair and maintenance (1.4% fall); anecdotal evidence from survey returns suggested effects of heavy rainfall led to delays in planned work and decreasing output in February 2024. At the sector level, eight out of the nine sectors saw a fall in February 2024, with the main contributors to the monthly decrease seen in ... (full story)