Construction, new orders (discontinued), Q2 2004

Investment in existing residential buildings is also on the rise. The number of renovation orders for residential buildings has increased by 42 per cent since the same quarter in 2003. Company reserves of such projects rose by 18 per cent in the second quarter, up 49 per cent from the same time last year.

Increased renovation of commercial buildings

The last quarter has also seen an increase in new orders for the renovation of commercial buildings. The value of company reserves of such renovation projects was 21 per cent higher at the end of the second quarter than at the same time last year. In the first six months of 2004, company reserves of new commercial building projects have been stable on a lower level than in the same period of 2003.

Increase in civil engineering works

New orders for civil engineering works also increased in the second quarter, and the value of company reserves rose by 12 per cent.

The value of company reserves for the entire construction industry rose by 14 per cent from the second quarter of 2003 to the second quarter of 2004.

Tables:

• Table 1 New orders received. Value indices, by project groups. 2000=100
• Table 2 Stock of ordrers, by project groups. Value indices. 2000=100
• Table 3 Stock of orders. Value indices by project groups and district. 2000=100
• Table 4 New orders received. Value indices, trend. 2000=100