Industry recovers to pre-COVID levels

ECAtoday

The construction industry has recovered to pre-pandemic levels, according to construction output figures from the Office for National Statistics (ONS) for November 2020.
The data show the industry has pulled off a V-shaped rebound led by infrastructure while commercial output has lagged in comparison.
Construction Enquirer reports that New work activity in November jumped 3.5%, more than offsetting a 0.6% fall in repair and maintenance.
Overall this saw a 1.9% rise in month-on-month all work taking construction 0.6% above the February pre-pandemic level of output.
All new work sectors returned to growth apart from public new housing and public other new work, which fell by 2.4% and 2.8% respectively.
Infrastructure led the way with 9.6% month on month growth, followed by industrial at 3.8%, and even commercial which edged up 0.2%.

