Construction industry - employment, new orders, output. Construction 2025 and the Construction Sector Deal.Jump to full report >>
In 2017, the construction contributed £113 billion to the UK economy, 6% of the total.
Since 2013, the construction sector has seen growth each year – a prolonged period of growth that is unusual for the industry. Construction output in in Q3 2018 is 14% higher than output in Q1 2017, compared to a 15% rise in whole economy economic output.
There are 2.4 million construction industry jobs in the UK in Q3 2018, 6.8% of all jobs, despite falls in construction employment in 2009 a bad 2010, and there are now roughly the same number as there were a decade ago.
The construction industry is unusual because of the high proportion of self-employment in the sector – 37% in Q3 2018, compared to the average for the whole economy of 13%.
Total construction orders were worth £163 billion in 2017. Repairs and maintenance were worth £53 billion (34% of all orders), housing orders were worth £41 billion (25% of orders), and infrastructure was worth £20 billion, 12% of orders.
In 2017, private sector construction orders accounted for 76% of all construction orders, up from 67% in 2010.
The Government’s strategy for the construction sector was set out in Construction 2025 which included the following overall aims:
These aims are to be tackled through the Construction Sector Deal, part of the Industrial Strategy.