| 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
|