Content
Published:
This is an archived release.
High level of construction reserves
The strong growth in construction companies’ reserves flattened out in the third quarter of 2013 due to a decrease in the inflow of new construction works.
Per cent | Index | ||
---|---|---|---|
2nd quarter 2013 - 3rd quarter 2013 | 3rd quarter 2012 - 3rd quarter 2013 | 3rd quarter 2013 | |
New orders received | |||
Total | -19 | 9 | 131 |
Buildings | -15 | -1 | 111 |
Civil engineering works | -26 | 39 | 181 |
Stock of orders | |||
Total | -1 | 6 | 200 |
Buildings | 0 | 7 | 176 |
Civil engineering works | -2 | 7 | 249 |
Following a small decrease of 1 per cent from the second to the third quarter, the total order reserves for the construction industry is still at a high level. The reserve was 6 per cent higher at the end of the third quarter this year than at the same time last year, measured in current value.
The inflow of new orders in civil engineering decreased sharply in the third quarter of 2013. With a record high inflow of new projects in the three previous quarters, the company reserves remain at a high level, 7 per cent higher than at the same time last year.
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