Decorean Director Shraga Stern comments in the press on latest ONS Construction Output figures


The main points from the November 2016 ONS Construction Output figures are:
· Output fell by 0.2% compared with October 2016, largely due to a contraction in non-housing repair and maintenance.
· The underlying pattern as suggested by the 3 month on 3 month movement shows a slight contraction of 0.1%.
· Repair and maintenance provides the largest downwards pressure to construction output, falling both on the month and year.
· New work in November 2016 increased, with new housing output continuing to grow.

Shraga Stern, Director, Decorean said: “Today's ONS Construction Output figures demonstrate one clear thing - the industry remains robust. The figures show very little difference from a year ago, and after 12 months of political, and sometimes, economic turmoil, this shows that house building is as important as ever. Encouragingly, the fact that new work in November increased, with new housing output continuing to grow, bodes well for 2017, and is something we, at Decorean, are continuing to see day to day.”

His comments were reported here by Builder and Engineer, here by The Construction Index and here by Housing Excellence.