July 2020 Construction Output

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After a rocky start to 2020 due to the COVID-19 pandemic, it looks like the construction industry is finally seeing some growth.

Monthly construction grew by 17.9% in July 2020, this follows on from a record monthly growth of 23.5% in June 2020, rising £11,922 million due to growth in all construction sectors. However, growth is at a lower level than all construction output prior to February 2020, which was before the full impact of the COVID-19 pandemic. This is shown by total construction output in July 2020 being 11.6% lower when it is compared to February 2020.

The July 2020 growth is the third consecutive month of growth since a record monthly decline

 link source - Construction Media

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