Economics and Statistics home |
NEWS RELEASE |
|
|
NEW CONSTRUCTION ORDERS: February 2006
Orders in the twelve months to February 2006 rose by eight per cent compared with the previous twelve months, and orders in the three months to February 2006 rose by 9 per cent compared to the same period a year earlier. Orders in the three months to February 2006 rose by one per cent compared to the previous three months, with decreases in private housing, public housing and infrastructure orders being offset by increases in public non housing, private industrial and private commercial orders. All orders figures quoted are seasonally adjusted and in constant (2000) prices. Private housing orders in the twelve months to February 2006 rose by seven per cent compared to those in the previous twelve months. Orders in the three months to February 2006 fell by three per cent compared with the previous three months, and by one per cent compared with the same period a year earlier. Public housing and housing association orders rose by six per cent in the twelve months to February 2006 compared with the previous twelve months. Public housing and housing association orders in the three months to February 2006 fell by 21 per cent compared to the previous three months, but rose by 36 per cent compared to the same period a year earlier. All comparisons in this sector are affected by large variations due to its relatively small size. Infrastructure orders in the twelve months to February 2006 increased by 28 per cent compared with the previous twelve months. Orders in the three months to February 2006 fell by 32 per cent compared with the previous three months, and by five per cent when compared to the same period a year earlier. Public non-housing orders (excluding infrastructure) in the twelve months to February 2006 fell by 12 per cent compared with the previous twelve months. Orders in the three months to February 2006 rose by two per cent compared with the previous three months, but were eight per cent lower when compared to the same period a year earlier. Private commercial orders in the twelve months to February 2006 were 10 per cent higher than in the previous twelve months. Orders in the three months to February 2006 were 15 per cent higher compared to the previous three months, and rose by 21 per cent compared to the same period a year earlier.
Private industrial orders in the twelve months
to February 2006 rose by 29 per cent compared to
the previous year. Orders in the three months
to February 2006 rose by 39 per cent compared to
the previous three months, and by 47 per cent
compared to the same period a year earlier. NOTES TO EDITORS1. Because monthly figures are variable, especially for individual sectors, attention is directed to the latest quarter. Even this comparison may be affected by exceptionally high or low results. 2. Figures for individual sectors can be affected by exceptionally large contracts. 3. Current price figures (Table 3A) are adjusted - using information on the movement of tender prices - to produce constant price figures (Tables 1 and 2) which provide a measure of volume. 4. A regional breakdown of orders at current prices is published every quarter, i.e. for March, June, September and December. 5. Additional graphs showing more detailed trends in individual sectors are included in the Statistical Release. 6. National Statistics are produced to high professional standards set out in the National Statistics Code of Practice. They undergo regular quality assurance reviews to ensure they meet customer needs. 7. Next publication date of New Construction Orders Statistical Release: 11 May 2006.
|
|
Department of Trade and Industry |
|
Table 1 - Volume of New Orders obtained by Contractors
(CPSA=100) |