Construction output up 1.9%
Published: 23 December, 2009
LONDON: Construction output rose by 1.9% in the third quarter of 2009 according to revised data from the Office of National Statistics but not enough to take the UK out of recession.
The original estimate was for a 1.1% fall and the upward revision meant gross domestic product contracted by 0.2% in the third quarter rather than the 0.3% initially reported.
It was hoped that the revision would put GDP in positive territory and mark the end of the recession but production and services industries preformed worse than originally estimated.
Overall GDP in the third quarter was 5.1% lower than Q3 2008.