Builders Merchants Journal At the forefront of publishing to the UK merchanting industry for more than 95 years
The Office of National Statistics has revealed that construction orders have fallen by £17bn since the begining of the recession.
Orders were £50.6bn in 2007 and fell to £ 33.6bn in 2009, with the largest drop coming from the commercial and private housing sectors. The value of orders in these sectors fell by 60%.
Private housing orders for the last three months of December rose by 24% to £1.5bn.
Total construction orders in the fourth quarter were £7.842bn, 4% up on 2008.
