NEW CONSTRUCTION ORDERS: MAY 2007
Orders in the year to May 2007 rose by five per cent compared to orders in the previous twelve month period, and orders in the three months to May 2007 rose by six per cent compared to the same three months a year earlier. Orders in the three months to May 2007 rose by seven per cent compared to the previous three months, due to rises in private commercial, public non housing and private housing orders. All orders figures quoted are seasonally adjusted and in constant (2000) prices.
Private housing orders in the year to May 2007 rose by three per cent compared to those in the previous year. Orders in the three months to May 2007 rose by eight per cent compared with the previous three months, and by 13 per cent compared with the same three months a year earlier.
Public housing and housing association orders rose by 23 per cent in the year to May 2007 compared with the previous year. Public housing and housing association orders in the three months to May 2007 fell by nine per cent compared to the previous three months, and by one per cent compared to the same three months a year earlier. All comparisons in this sector are affected by large variations due to its relatively small size.
Infrastructure orders in the year to May 2007 fell by six per cent compared with the previous twelve month period. Orders in the three months to May 2007 fell by 28 per cent compared with the previous three months, but rose by two per cent when compared to the same three months a year earlier.
Public non-housing orders (excluding infrastructure) in the year to May 2007 were unchanged compared with the previous twelve month period. Orders in the three months to May 2007 rose by 16 per cent compared with the previous three months, and by 24 per cent when compared to the same three months a year earlier.
Private commercial orders in the year to May 2007 were 12 per cent higher than in the previous year. Orders in the three months to May 2007 rose by 27 per cent compared to the previous three months, and by two per cent compared to the same period a year earlier.
Private industrial orders in the year to May 2007 fell by six per cent compared to the previous year. Orders in the three months to May 2007 fell by 20 per cent compared to the previous three months, and by 15 per cent compared to the same period a year earlier.
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NOTES TO EDITORS
1. 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 and 3B) 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. Table 4 shows percentage changes in the constant price figures.
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:
2 August 2007.
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