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04/03/2013

ONS Reports Rise In Construction Orders

The estimated total volume of all new construction orders in the fourth quarter of 2012 increased by 3.4 per cent (£370 million) compared with the third quarter of 2012.

The total volume of all new construction orders in the fourth quarter of 2012 was estimated to be 11.2 per cent higher (£1,100 million) than the fourth quarter of 2011.

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The increase in new construction orders in the fourth quarter was not attributable to any single sector with five out of the six sectors showing a quarter on quarter increase.

The private sector delivered the largest increases, with private commercial other new work increasing 9.7 per cent (£270 million) and private new housing increasing 10.3 per cent (£230 million). Of the six sectors, only infrastructure showed a fall in the quarter (15.4 per cent).

(GK)

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