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U.K. August Output in the Construction Industry

Following is a summary of construction output in August from the Office for National Statistics in London:

===============================================================================
                           Aug.    July    June     May   April   March    Feb.
                           2011    2011    2011    2011    2011    2011    2011
===============================================================================
                       -------- Volume of Output (Constant Prices) MoM --------
All Work                   0.4%   -2.2%    4.7%    3.2%  -12.0%   18.0%   10.7%
 All New Work             -0.4%   -3.8%    5.1%    4.4%   -9.6%   16.8%   10.1%
  New Housing          
   Public                  4.3%  -14.9%    2.4%    3.3%   -9.9%   17.3%    8.5%
   Private                -3.7%   -8.3%   10.9%    5.8%   -9.4%   17.3%   11.3%
  Infrastructure          -0.4%   -7.0%    3.0%    5.9%   -5.4%   21.5%   12.2%
 Other New Work*       
   Public                  0.9%    1.8%    1.2%    2.1%  -15.1%   17.7%   11.1%
   Private Industrial      2.2%   -8.7%    3.7%   11.5%  -14.5%   -6.8%   12.3%
   Private Commercial     -0.2%    0.8%    6.1%    3.3%   -8.2%   17.5%    7.5%
 All Repair/Maintenance    2.0%    1.2%    3.8%    0.7%  -16.6%   20.4%   11.9%
===============================================================================
                           Aug.    July    June     May   April   March    Feb.
                           2011    2011    2011    2011    2011    2011    2011
===============================================================================
  Total Housing           -3.0%   -2.9%    5.1%    1.9%  -16.8%   18.7%   13.3%
   Public                 -4.0%   -4.2%    6.9%    0.9%  -28.4%   24.2%   25.4%
   Private                -2.5%   -2.2%    4.1%    2.5%   -8.2%   15.0%    6.2%
  Infrastructure           2.8%    2.7%    5.3%   -1.1%  -17.4%   25.9%   10.4%
 Other Work            
   Public                  9.6%   18.9%    2.0%   -3.3%  -20.0%   26.7%   17.8%
   Private                 7.2%   -0.6%    0.8%    2.0%  -13.3%   15.5%    7.2%
                       --------- Value of Output (Current Prices) MoM ---------
All Work                   0.6%   -2.0%    5.1%    3.5%  -11.6%   18.2%   10.8%
 All New Work              0.0%   -3.6%    5.6%    4.9%   -9.0%   17.2%   10.4%
  New Housing          
   Public                  4.4%  -14.8%    2.4%    3.4%   -9.7%   17.3%    8.5%
   Private                -3.0%   -7.7%   11.6%    6.5%   -8.2%   17.4%   11.4%
  Infrastructure           0.0%   -6.7%    3.3%    6.3%   -5.1%   21.9%   12.6%
 Other New Work*       
   Public                  1.1%    2.1%    1.5%    2.3%  -14.8%   17.9%   11.3%
   Private Industrial      2.8%   -8.2%    4.4%   12.1%  -13.9%   -6.4%   12.8%
===============================================================================
                           Aug.    July    June     May   April   March    Feb.
                           2011    2011    2011    2011    2011    2011    2011
===============================================================================
   Private Commercial      0.2%    1.2%    6.5%    3.7%   -7.7%   17.8%    7.8%
 All Repair/Maintenance    1.8%    1.1%    4.0%    1.0%  -15.9%   20.0%   11.6%
  Total Housing           -2.7%   -2.5%    5.3%    2.3%  -15.2%   18.0%   12.4%
   Public                 -3.8%   -4.0%    7.1%    1.1%  -26.8%   21.9%   23.2%
   Private                -2.1%   -1.8%    4.5%    2.9%   -8.2%   15.8%    7.0%
  Infrastructure           2.8%    2.7%    5.3%   -1.1%  -17.5%   26.1%   10.6%
 Other Work            
   Public                  9.6%   18.9%    2.0%   -3.3%  -20.1%   26.8%   17.9%
   Private                 7.2%   -0.6%    0.8%    2.0%  -13.4%   15.7%    7.3%
                       ---------- Volume of Output (Constant Prices) ----------
All Work                  9,061   9,024   9,230   8,813   8,540   9,708   8,226
 All New Work             6,042   6,065   6,306   5,998   5,744   6,355   5,440
  New Housing          
   Public                   356     342     401     392     379     421     359
   Private                1,115   1,157   1,262   1,139   1,077   1,189   1,013
  Infrastructure          1,150   1,155   1,242   1,206   1,139   1,204     991
===============================================================================
===============================================================================
                           Aug.    July    June     May   April   March    Feb.
                           2011    2011    2011    2011    2011    2011    2011
===============================================================================
 Other New Work*       
   Public                 1,101   1,091   1,072   1,059   1,037   1,222   1,038
   Private Industrial       267     261     286     276     247     290     311
   Private Commercial     2,054   2,058   2,042   1,925   1,864   2,030   1,727
 All Repair/Maintenance   3,019   2,960   2,924   2,816   2,796   3,353   2,786
  Total Housing           1,313   1,354   1,395   1,327   1,302   1,566   1,319
   Public                   476     496     518     484     480     670     539
   Private                  837     858     877     843     822     896     779
  Infrastructure            596     579     564     536     541     655     520
 Other Work            
   Public                   445     406     342     335     346     433     342
   Private                  665     620     624     618     606     699     605
                       ----------- Value of Output (Current Prices) -----------
All Work                 10,379  10,314  10,527  10,018   9,677  10,941   9,255
 All New Work             6,687   6,688   6,941   6,571   6,263   6,883   5,872
  New Housing          
   Public                   397     380     446     435     421     466     398
===============================================================================
                           Aug.    July    June     May   April   March    Feb.
                           2011    2011    2011    2011    2011    2011    2011
===============================================================================
   Private                1,350   1,391   1,507   1,350   1,267   1,381   1,176
  Infrastructure          1,350   1,350   1,447   1,400   1,317   1,388   1,138
 Other New Work*       
   Public                 1,191   1,178   1,153   1,137   1,111   1,303   1,106
   Private Industrial       279     272     296     284     253     294     314
   Private Commercial     2,121   2,117   2,092   1,964   1,894   2,051   1,741
 All Repair/Maintenance   3,692   3,626   3,586   3,447   3,414   4,058   3,383
  Total Housing           1,750   1,798   1,845   1,752   1,713   2,021   1,712
   Public                   559     581     605     565     559     764     626
   Private                1,191   1,217   1,239   1,187   1,153   1,257   1,085
  Infrastructure            678     660     643     610     617     747     593
 Other Work            
   Public                   507     463     389     381     394     493     389
   Private                  757     706     710     704     691     797     689
===============================================================================
NOTE: Levels in GBP million.
      * = Excluding infrastructure.
      Percentage changes calculated by Bloomberg News.

Source: Office for National Statistics

To contact the reporter on this story: Mark Evans in London at mevans8@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

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Today’s national average mortgage rates. Rates may include points.
Type Today 1 Mo
30 Year Fixed Jumbo 4.05% 3.92%
30 Year Fixed 3.75% 3.47%
15 Year Fixed 2.89% 2.71%
10 Year Fixed 2.98% 3.00%
30 Year Fixed Refi 3.74% 3.46%
15 Year Fixed Refi 2.89% 2.69%
5/1 ARM 2.66% 2.61%
5/1 ARM Refi 2.64% 2.57%
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Source: Bankrate.com

Today’s average home equity rates nationwide.
Type Today 1 Mo
$30K HELOC 5.34% 5.24%
$50K HELOC 4.56% 4.53%
$75K HELOC 4.57% 4.53%
$100K HELOC 4.27% 4.21%
$30K Home Equity Loan 5.95% 6.06%
$50K Home Equity Loan 5.97% 6.02%
$75K Home Equity Loan 5.94% 5.99%
$100K Home Equity Loan 5.80% 5.84%
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Today’s average savings rates nationwide.
Type Today 1 Mo
5 Year CD 1.24% 1.21%
2 Year CD 0.70% 0.66%
1 Year CD 0.57% 0.52%
MMA $10K+ 0.47% 0.50%
MMA $50K+ 0.69% 0.70%
MMA Savings Jumbo 0.58% 0.60%
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Today’s average auto loan rates nationwide.
Type Today 1 Mo
60 Months Used Car 2.97% 3.19%
48 Months Used Car 2.92% 3.13%
36 Months Used Car 2.88% 2.96%
72 Months New Car 2.45% 2.96%
60 Months New Car 2.54% 2.67%
48 Months New Car 2.45% 2.58%
60 Months Auto Refi 4.15% 4.36%
36 Months Auto Refi 3.60% 3.76%
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Today’s average credit card rates nationwide.
Type Today 1 Mo
Standard Variable 14.12% 14.12%
Standard Fixed 13.23% 13.23%
Gold Variable 12.70% 12.70%
Gold Fixed 11.99% 11.99%
Platinum Variable 15.53% 15.57%
Platinum Fixed 12.70% 12.70%
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Source: Bankrate.com