News Drop Housebuilding Sees Uk Construction Output Dip Fifth Month May Ons Reveals

UK construction output dipped sharply in the run-up to the European Union (EU) referendum, with a drop in housebuilding causing the industry to decline for the fifth consecutive month during May, the latest figures reveal.

According to the Office for National Statistics, construction output fell 1.9 per cent year-on-year and 2.1 per cent in May compared with April.

Except for infrastructure, all other new work and repair and maintenance reported decreases, falling by 2.6 per cent and 1.4 per cent respectively.

The main contribution to the decrease came from private new housing which fell 3.5 per cent between the fourth and fifth months of the year, while overall new housing also fell 3.2 per cent.

However, Derek Shewan, chief operating officer of Robertson Group says that despite the decrease in output, his firm remains “resilient”.

“While the figures reveal a decrease in output in the wider industry, Robertson Group remains resilient during this drop,” he says.

“With 19 individual and diverse businesses that encompass the entire built environment lifecycle, it is our focus on innovation, productivity and business sustainability that help us through these challenging times.”

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