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| Version 1 | Version 2 |
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| Construction output revised up in fourth quarter | Construction output revised up in fourth quarter |
| (about 4 hours later) | |
| Output in the construction industry grew by more than initially thought in the last three months of 2012. | Output in the construction industry grew by more than initially thought in the last three months of 2012. |
| Construction output rose by 0.9% in the fourth quarter, the Office for National Statistics (ONS) said. | Construction output rose by 0.9% in the fourth quarter, the Office for National Statistics (ONS) said. |
| Its previous assumption - used in the first estimate of UK economic growth (GDP) in the fourth quarter - had been for a rise of just 0.3% in the sector. | Its previous assumption - used in the first estimate of UK economic growth (GDP) in the fourth quarter - had been for a rise of just 0.3% in the sector. |
| But the ONS said the revision would have no significant impact on fourth-quarter GDP, which shrank by 0.3%. | But the ONS said the revision would have no significant impact on fourth-quarter GDP, which shrank by 0.3%. |
| The contraction in the economy raised fears that the UK may slip back into recession. | The contraction in the economy raised fears that the UK may slip back into recession. |
| Big falls in construction output were a factor when the UK was last in recession in the first half of 2012. | Big falls in construction output were a factor when the UK was last in recession in the first half of 2012. |
| The latest construction figures marked the first time the sector had grown since the second quarter of 2011. | The latest construction figures marked the first time the sector had grown since the second quarter of 2011. |
| Growth in private housing and infrastructure accounted for much of the rise, the ONS said, but this was partially offset by decreases in new public non-housing work and private housing repair and maintenance. | Growth in private housing and infrastructure accounted for much of the rise, the ONS said, but this was partially offset by decreases in new public non-housing work and private housing repair and maintenance. |
| The estimated volume of all new work grew by 1.6%, while repair and maintenance fell by 0.3% compared with the previous quarter. | The estimated volume of all new work grew by 1.6%, while repair and maintenance fell by 0.3% compared with the previous quarter. |
| The ONS measures construction output from the activity of business in Britain, not including Northern Ireland, which conducts its own equivalent survey. | The ONS measures construction output from the activity of business in Britain, not including Northern Ireland, which conducts its own equivalent survey. |