The latest construction output for November shows that the industry has seen a near-V-shaped boom, led by infrastructure, while commercial development is still lagging behind.
New work activities rose 3.5% in November, more than offsetting a 0.6% decrease in repairs and maintenance.
Overall, the number of construction work rose by 1.9% compared to the previous month, compared to the pre-pandemic production level in February by 0.6%.
All new labor sectors grew again, with the exception of public new buildings and other public new buildings, which fell by 2.4% and 2.8% respectively.
Infrastructure led the way with growth of 9.6% compared to the previous month, followed by industry with 3.8% and even trade with an increase of 0.2%.
Beard’s chief financial officer, Fraser Johns, said, “For a seventh consecutive month of growth, the construction sector bucked the national trend that saw the economy contract as a whole over the period.
“But what is also encouraging is the reversal of the slow growth rate we saw from 1.0% in October to 1.9% in November.
“While we hope the vaccine rollout and a Brexit trade deal will generally lead to less uncertainty, we are still facing new strains of the virus and a national lockdown, with the impact on closed schools and restrictions affect at all levels.
“Realistically, it could take months to fully understand the impact of Brexit on businesses, which is an element of volatility in the short to medium term. However, the open letter from the new business secretary to the construction industry is welcome confirmation in this current period.
“Now that we have a few weeks to go before the lockdown, it is clear that the construction sector had to adapt, but that it was right for jobs and the economy as a whole to keep locations open and keep projects going.”