10:20 04 Jun 2004
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Construction output reached an all-time high in the first quarter, passing the £25bn mark, according to the latest data from the Department of Trade & Industry.
New build accounted for £13.9bn of output, up 25% year-on-year, while repair, maintenance and improvement (RMI) accounted for £11.4bn, up 16% on Q1 2003.
Of the 10 sectors, eight enjoyed substantial growth: public housing up 46%; private housing and other public both up 41%; private industrial and public housing RMI both up 23%; private commercial and other private RMI both up 18%; and private housing RMI up 17%.
The two black sheep were: other public RMI up 8%; and infrastructure down 8%.
Construction output Q1 2004 (Q1 2003 in brackets)