DoE figures highlight building slump
Wednesday 16 August 1995
Further evidence of the slump in the UK building industry came yesterday as the Department of Environment released figures showing new construction orders fell 11 per cent in the past three months.
Total new orders compared with the first three months of this year were down 14 per cent on the same period in 1994.
DoE officials claimed yesterday that the past three months' decline had come because a handful of very large contracts which boosted the first- quarter figures were not repeated.
Large infrastructure and private sector contracts were among orders that fell off during this period, the department said.
But the housing market's collapse also had an effect. New orders in the private housing sector were 12 per cent lower than in the previous quarter. They also slumped 20 per cent lower than in the corresponding period a year ago.
The decline was even sharper in infrastructure, such as roads, hospitals and schools - 26 per cent lower compared with the previous quarter and 23 per cent lower than in the corresponding three months in 1994.
Public non-housing orders (excluding infrastructure) in the latest quarter were two per cent higher than in the previous quarter and 1 per cent higher than in the corresponding period a year ago.
Private industrial orders in the latest quarter were 30 per cent lower than in the previous quarter and 25 per cent lower compared with the same period a year ago.
Private commercial orders in the latest quarter were 2 per cent lower compared with the previous quarter and 7 per cent lower compared with the same period in 1994.
- 1 Katie Hopkins attacked me on Twitter — so I reported her to the police for inciting racial hatred
- 2 I might be an MP, but that doesn't stop me fighting sexism with my breasts
- 3 Google April Fools': company unveils backwards search engine and huggable digital assistant
- 4 April Fools' Day 2015: The best hoax news stories from around the internet
- 5 Gamers confess the worst things they've done in The Sims
University of Cambridge: Remains of 1,300 scholars are found under building
April Fools' Day 2015: The best hoax news stories from around the internet
April Fools' Day 2015 live: The best pranks and fake stories from around the world
Turkey power cut: Prime Minister says nationwide blackout could be caused by terrorists
Jeremy Clarkson 'could be given minder' ahead of a potential Top Gear return
Ukip supporters are 55 or older, white and socially conservative, finds British Social Attitudes Report
Street preacher quoting from the Bible fined for calling homosexuality an 'abomination'
Katie Hopkins attacked me on Twitter — so I reported her to the police for inciting racial hatred
Woman filmed launching racist tirade against men on the Tube for speaking in 'own lingo'
The West has it totally wrong on Lee Kuan Yew
David Cameron calls Labour 'hopeless, sneering socialists' while announcing 7-day NHS plans
iJobs Money & Business
£20000 per annum + commission: SThree: Sthree have an exciting opportunity for...
£18000 - £32000 per annum: Recruitment Genius: A Telesales Executive is requir...
£45000 - £50000 per annum + benefits : Ashdown Group: A highly successful, glo...
£50,000 - £55,000: Neil Pavier: Are you a professionally qualified commercial ...