11-10-2024 08:48 via constructionenquirer.com

Housing and office new work jump fuels output recovery

A steep rise in private new housing and commercial work returned construction to growth in August.
Monthly construction output increased by 0.4% in volume terms in August, offsetting a decrease of 0.4% in July.
The recovery was driven by a 1.6% growth spurt in new work, as repair and maintenance fell by 1.0%.At the sector level, five out of the nine sectors grew. The main contributors to the monthly increase were private housing new work, up 3.4% and private commercial new work, up 2.2%.
In the
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