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10 things that might be causing weirdness in the construction output figures

10 things that might be causing weirdness in the construction output figures

Can we accept unquestioned the construction figures presented by the latest preliminary estimate of UK economic growth? To do so is to accept that construction is enjoying workloads at a level that just three years ago were close to pushing the industry’s capacity to its limits. What’s more the rate of growth being enjoyed by construction – 14% or so over six months – is seen by many who follow the numbers as astonishing and for some incredible. But before launching…

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Is an inaccurate measure of foreign workers messing up the construction data?

Is an inaccurate measure of foreign workers messing up the construction data?

Here’s a couple of graphs for stat-spotters I thought worth placing together. For some while there has been unease about both the workforce jobs figures and the repair, maintenance and improvement (RMI) sector figures in the official construction output statistics. The two sets of data are linked and there’s been some concern that an under recording of foreign workers was impacting on the workforce jobs figures and in turn on the RMI data, as Labour Force Survey data is used in estimating…

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