This bulletin shows new orders in the construction industry for the first quarter of 2012. Figures are in constant (2005) prices and are seasonally adjusted. This publication focuses on the latest quarterly figures and includes revisions to earlier periods in line with our revisions policy.
This information relates to contracts for new construction work awarded to main contractors by clients in both the public and private sectors. Also included is speculative work, undertaken on the initiative of the firm, where no contract or order is awarded. The value of this work is recorded in the period when foundation works are started. This series cannot be used to directly predict future output in the construction sector, though it gives an indication of trends in the construction and allied trades industry.
We are constantly aiming to improve this bulletin and our commentary/discussion around the range of tables shown. We would welcome feedback on areas of greatest interest; please get in touch with us via email (firstname.lastname@example.org) or telephone (+44 (0)1633 456344).
|Public housing||Private housing||Infrastructure||Public Non- housing||Private industrial||Private commercial||All new work|
The volume of new orders for private housing in the first quarter of 2012 fell by 10.7 per cent compared with the fourth quarter of 2011 and by 13.7 per cent compared with the same period one year earlier.
Public housing orders in the first quarter of 2012 increased by 5.7 per cent compared with the previous quarter and fell by 40.6 per cent compared with the same period one year earlier.
The volume of infrastructure orders in the first quarter of 2012 decreased by 13.6 per cent compared with the previous quarter. However, there was an increase of 59.5 per cent compared with the same period one year earlier.
The volume of public non-housing (excluding infrastructure) orders in the first quarter of 2012 increased by 2.2 per cent compared with the previous quarter and decreased by 41.5 per cent compared with one year earlier.
The volume of private commercial orders in the first quarter of 2012 grew by 27.8 per cent compared with the previous quarter and increased by 8.4 per cent compared with the same period one year earlier.
Private industrial orders in the first quarter of 2012 increased by 57.9 per cent compared with the previous quarter and by 48.8 per cent compared with the same period one year earlier.
In general, revisions will follow the standard revisions policy for construction statistics shown in the Revisiopns to New Orders table:
|Quarter on previous quarter growth rates (figures in percentage points)|
|All new work published in this release||All new work estimates previously published||New work revisions|
Sources of revisions to the new orders series in the first quarter of 2012 are as outlined in the table above and Note 2 of the Background Notes.
Special Events Policy
ONS has produced an ONS Policy on Special Events.
Changes to Construction Statistics
Statistical bulletins for new orders are produced quarterly. Publication dates in 2011/12 have been placed on the forward release calendar.
An article describing the improvements made to New Orders and Output in the construction industry was published in ONS’s Economic and Labour Market Review in March of 2010. See ‘Development of construction statistics’ (135.4 Kb Pdf) .
An explanation of the changes introduced in 2010 and the impact this has had on the published series (115.6 Kb Pdf) is available on the ONS website.
Standard revisions to the new orders series include late responses from respondents, revisions to the price indices used to deflate the current prices to constant (2005) prices and due to seasonal adjustment.
ONS launched a new website on 28 August 2011 which has improved the way users can access our statistics. However, many existing bookmarks and links no longer work and users will need to update them.
Relevance to users
The statistical bulletin brings together information on orders for new construction in Great Britain. It draws on data compiled from the Quarterly Survey of Contracts and New Orders, with businesses selected from the Inter-Departmental Business Register (IDBR). The construction industry, which contributes to the overall estimate of Gross Domestic Product (GDP) by approximately 7.6 per cent, covers Sections 41, 42 and 43 of the Standard Industrial Classification 2007 (excluding section 41.1 (property developers).
Deflation and seasonal adjustment
The headline data are given in constant 2005 prices, seasonally adjusted. Deflators adjust the value series to take out the effect of price changes to give the volume series. Deflation of output is carried out sectorally and a range of relevant tender price and output price indices are used.
Seasonal adjustment aids interpretation by removing annually recurring fluctuations, for example, due to climate, hours of daylight, holidays or other regular seasonal patterns. Unadjusted data are also available.
Releases on construction output and employment prior to the transfer to ONS can be found on the BIS website.
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Details of the policy governing the release of new data are available from the Media Relations Office. Also available is a list of those given pre-publication access to the contents of this release (29.7 Kb Pdf) .
National Statistics are produced to high professional standards set out in the Code of Practice for Official Statistics. They undergo regular quality assurance reviews to ensure that they meet customer needs. They are produced free from any political interference.
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Details of the policy governing the release of new data are available by visiting www.statisticsauthority.gov.uk/assessment/code-of-practice/index.html or from the Media Relations Office email: firstname.lastname@example.org
These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.
|Stephen Curtis||+44 (0)1633 456344||Office for National Statisticsemail@example.com|