Construction output in the United Kingdom increased 2 percent in November of 2019 over the same month in the previous year. Construction Output in the United Kingdom averaged 2.02 percent from 1997 until 2019, reaching an all time high of 24 percent in March of 2002 and a record low of -19.20 percent in January of 2010. In the United Kingdom, construction output measures the yearly change in the amount charged by construction companies to customers for value of work. The value is based on the sample of 8,000 businesses, employing over 100 people or with an annual turnover of more than £60 million. Construction estimates are a component of GDP from the production approach, contributing approximately 6.4% of GDP. This page provides the latest reported value for – United Kingdom Construction Output – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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