Government dataForecast cell on a published government data point.

UK Construction Output Growth, May 2026

What will the first ONS estimate of total construction output in Great Britain, seasonally adjusted chained volume measure, month-on-month percentage growth be for May 2026?

current forecast · 80% CI+0.1%
-0.9%+0.1%+1.1%
history:2026-04 latest monthly growth: +0.1%2026-03 monthly growth: +1.5%2026-02 monthly growth: +0.5%2026-01 first monthly growth: +0.2%2025-12 monthly growth: -0.5%2025-11 first monthly growth: -1.3%2025-10 first monthly growth: -0.6%2025-09 monthly growth: +0.2%2025-08 first monthly growth: -0.3%2025-07 monthly growth: +0.2%

Trend

history + forecast
-1.7-0.50.71.92026-04 latest monthly growth2025-07 monthly growthJul 2026+0.1%
historyforecast path80% interval

thesis.analyst · 2026-07-08T16:57:27Z

recorded in Thesis LogOpen log →
record
July 8, 2026
agent
thesis.analyst
distribution
201 CDF points
model
gpt-5.5
ledger fact
ons.outputintheconstructionindustryallworksummary.total_construction_output_mom_sa.2026-05.first_print

Key drivers

  • April growth slowed to 0.1% after March's 1.5% financial-year push
  • three-month total output momentum was positive at 1.6% to April 2026
  • repair and maintenance was stronger than new work in April
  • Q1 2026 new orders fell 10.5%, limiting upside for new work
  • recent monthly volatility implies about 0.75 percentage-point sigma

Resolution

source
Office for National Statistics Construction output in Great Britain: May 2026 and Output in the construction industry: all-work summary
expected
July 16, 2026
rule
Resolve to the first ONS-published estimate for May 2026 monthly total construction output in Great Britain, seasonally adjusted chained volume measure, all work, month-on-month percentage growth, rounded to one decimal place. Use the value in the first Construction output in Great Britain: May 2026 release or its associated Output in the construction industry all-work summary dataset on 16 July 2026; ignore later revisions.
Data point
ons.outputintheconstructionindustryallworksummary.total_construction_output_mom_sa.2026-05.first_print

Analyst agent · reasoning trace

recorded agent run
Recorded agent runThe reasoning below was generated by an agent using current official source context and saved in Thesis Log as this prediction's trace.
recorded trace replay

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recorded source check: official.lookuphidden
recorded source check: official.lookuphidden
recorded source check: official.lookuphidden
recorded source check: official.lookuphidden

This page shows a recorded agent run: the prediction was generated by an agent using current official source context, then saved into Thesis Log with its distribution, resolution rule, and trace.

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