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New construction orders fall 27pc

New construction orders fell by 27 per cent in the three months to November compared with the same period in 2007.

The Office for National Statistics figures show new construction orders totalled £1.8 billion in November, down from £2.1 billion in October and £2.2 in September.

The fall represents a 9 per cent fall compared with the previous three month period.

Orders in the 12 months to November 2008 fell 14 per cent compared with the previous 12 months.

Private housing orders fell by 3 per cent compared with the previous three month period.

But there was a big rise in public non-housing work, up from £400 million in October to £655 million in November – over a third of the months total work.

Further Reading:

Construction orders continue to fall steeply – click here