Construction, new orders (discontinued), Q1 2008

Still, the value of company reserves of non-residential buildings projects - mostly new commercial buildings - was 27 per cent higher by the end of the first quarter 2008, compared to the same time last year. The inflow of renovation orders for non-residential buildings are still high, and the value of the contractors renovation reserves has increased by 33 per cent compared with the same time the year before.

The inflow of new residential buildings orders continued to decrease in the beginning of 2008. The value of order reserves of new residential buildings was 21 per cent lower by the end of the first quarter than by the same time last year. Also, the value of residential building renovation reserves is in a decreasing trend.

Stable civil engineering activity

The value of order reserves of civil engineering works increased by 10 per cent during the first quarter of 2008 and is now 1 per cent higher than at the same time in 2007.

The value of order reserves for the entire construction industry remains almost unchanged in the first quarter of 2008, and is 5 per cent higher than at the end of the first quarter in 2007.

Tables:

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