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ORDERS FOR NEW CONSTRUCTION: JUNE 2000

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The latest figures show that construction new orders in the second ...
The latest figures show that construction new orders in the second

quarter of 2000 were nine per cent higher than in the previous

quarter. The comparison with the corresponding quarter a year ago

shows an increase of eight per cent. Within the total, the public

non-housing (excluding infrastructure) and private commercial sectors

rose considerably due to a small number of very large contracts.

These few contracts alone accounted for almost all of the increase

when compared to the May Orders.

New orders in the private housing sector in the second quarter of

2000 fell by three per cent compared with the first quarter but were

three per cent higher than the corresponding quarter a year ago.

Public housing and housing association orders in the latest quarter

were five per cent lower compared with the previous quarter and also

five per cent lower than in the same quarter a year earlier. All

comparisons in this sector are affected by large variations due to

its relatively small size.

Infrastructure orders in the second quarter of 2000 were eight per

cent lower compared with the previous quarter but eight per cent

higher compared with the corresponding quarter a year earlier.

Public non-housing orders (excluding infrastructure) in the latest

quarter were 31 per cent higher when compared with the previous

quarter and 40 per cent higher compared with the corresponding

quarter a year ago. Private industrial orders in the second quarter

of 2000 were 14 per cent lower than in the previous quarter and four

per cent lower when compared with the same quarter a year ago.

Private commercial orders in latest quarter were 29 per cent higher

compared with the previous quarter and two per cent higher than in

the corresponding quarter a year ago.

NOTES

1. Because monthly figures are variable, especially for individual

sectors, attention is directed to the latest three months.

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, ie for March, June, September and December.

5. Additional graphs showing more detailed trends in individual

sectors are included in the Information Bulletin.

6. Next publication date of Orders for New Construction Information

Bulletin: 7 September 2000.

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