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BCIS chief economist comments on ONS construction output data

In response to ONS construction output data, Building Cost Information Service chief economist David Crosthwaite, has shared his comments.

David said: “After promising signs of growth in April, which suggested that the sector might have turned a corner, the latest output figures from the ONS are once again disappointing.

“While new work output growth was in broadly positive territory, the largest declines were in repair and maintenance output which has driven growth over the last few years.

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“Further, output in both public and private new housing was down on the month which should be a concern for the government given its housebuilding targets.”

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