Home / News / March construction figures race ahead

March construction figures race ahead

UK Construction work in March 2021 was 5.8% ahead of February, particularly in terms of new work and repair & maintenance, according to the latest figures released by the Office for National Statistics.

Construction output in March 1 was £14,251m – the highest since September 2019 (14,381m). March 2021 also beat February 2020, the last pre-pandemic month, by 2.4%, with RMI work

March’s output was also 2.4% above the February 2020 pre-pandemic level; repair & maintenance work was 7.7% above this level while new work was 0.5% below.

As well as significant increases in ew works, there was a resumption of delayed projects  and a general increase in demand and confidence across the industry. Quarterly construction output grew by 2.6% in Quarter 1 (Jan to Mar) 2021 compared with Quarter 4 (Oct to Dec) 2020; this was driven by growth in both new work (2.8%) and repair and maintenance (2.2%).

New orders increased by 12.2% in Q1 2021 compared with Q4 2020  but were 13.3% lower than Q1 2020.

About Fiona Russell-Horne

Fiona Russell-Horne
Group Managing Editor across the BMJ portfolio.

Check Also

BMF drives net zero agenda at Parliamentary Reception

The Builders Merchant Federation unveiled its new “Race to Zero” policy document at a Parliamentary …