13.10.2008 - UK Construction orders fall 15% in three months
From Building.co.uk: Government figures reveal sharp fall in housing orders only partly offset by a big increase in infrastructure work. Construction orders fell by 15% in the past three months to 6.7bn, according to UK government figures. Orders in the quarter to the end of August were down by 18% on the same quarter in 2007, with the drop led by sharp falls in orders for private housing, although this was partly offset by a strong upturn in public-sector contracts. The seasonally adjusted figures, from the Office for National Statistics, show that the value of private housing orders, at 912m, was just half that for the same period in 2007..... Full Article: Source
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