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248982
Increased order reserves in building and construction
statistikk
2016-05-20T10:00:00.000Z
Construction, housing and property
en
bygganlord, Construction, new orders (discontinued), new orders recieved, order reserves, value indices, residential buildings, new buildings, renovationConstruction , Construction, housing and property
false
The order statistics are a leading indicator for future production. The value of order reserves in building and construction industry was 13 per cent higher by the end of the 1st quarter of 2016 than the same quarter in the previous year.

Construction, new orders (discontinued), Q1 2016

Statistics Norway has decided to stop the publication of the Construction, new orders from the first quarter of 2018. One reason for this was that the statistic previously was a part of Eurostat's regulation for short-term statistics, but this requirement was removed from the regulation in 2012.

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Increased order reserves in building and construction

The value of order reserves in building and construction industry was 13 per cent higher at the end of the 1st quarter of 2016 than the same quarter in the previous year. The reserve of projects in new civil engineering projects was 17 per cent higher.

Construction, new orders. 2010=100Published 20 May 2016
Per centIndex
4th quarter 2015 - 1st quarter 20161st quarter 2015 - 1st quarter 20161st quarter 2016
New orders received
Total67137
Buildings-33116
Civil engineering works3116187
Stock of orders
Total713173
Buildings611160
Civil engineering works1217202

Source: Statistics Norway

Figure 1. New orders received and stock of orders. Unadjusted. 2010=100

The order reserves for the construction industry were 11 per cent higher than in the 1st quarter of 2015, measured in current value. The stock of housing projects increased by 24 per cent, while the corresponding rise in orders of commercial buildings was 4 per cent. Compared to the end of the previous quarter, the reserves of orders in building and construction increased by 7 per cent. 

During the 1st quarter of 2016, the inflow of new orders in building and construction was 7 per cent higher than in the 1st quarter of 2015. While the inflow of building projects increased by 3 per cent, the value of civil engineering projects increased by 16 per cent. Compared to the previous quarter, the inflow of orders in building and construction increased by 6 per cent, measured in current value.