New orders for construction in the United Kingdom slumped 4.7 percent year-on-year in the second quarter of 2019, following a 6.6 percent growth in the previous period. Demand for all new housing contracted for the fifth consecutive quarter (-7.7 percent vs -23.1 percent in Q1), led by public (-41.4 percent vs -7.7 percent) and private (-4 percent vs -24.1 percent). In addition, orders for all other work dropped (-3.2 percent vs 26.1 percent), due to private industrial (-12.8 percent vs -7.5 percent) and private commercial (-10.5 percent vs 32.6 percent). Demand for infrastructure rose at a softer rate (7 percent vs 39.8 percent). Construction Orders in the United Kingdom averaged -0.34 percent from 1965 until 2019, reaching an all time high of 37.40 percent in the third quarter of 1987 and a record low of -43.90 percent in the first quarter of 1974.

Construction Orders in the United Kingdom is expected to be -3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Orders in the United Kingdom to stand at 1.00 in 12 months time. In the long-term, the United Kingdom Construction New Orders is projected to trend around 2.00 percent in 2020, according to our econometric models.

United Kingdom Construction New Orders
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-10 09:30 AM Construction Orders YoY Q3 -30.7% -7.7% -8.2%
2019-03-12 09:30 AM Construction Orders YoY Q4 -10.5% -31.4% -12.2%
2019-06-10 08:30 AM Construction Orders YoY Q1 6.6% -10.3% -4.6%
2019-09-09 08:30 AM Construction Orders YoY Q2 -4.7% 6.6% 4.5%
2019-12-10 09:30 AM Construction Orders YoY Q3 -4.7% -3.2%


United Kingdom Housing Last Previous Highest Lowest Unit
Housing Starts 37220.00 36630.00 69520.00 17120.00 units [+]
Construction Output 2.40 1.90 24.00 -19.20 percent [+]
Housing Index 401.10 402.50 403.80 45.16 Index Points [+]
Mortgage Approvals 65.55 67.01 151.80 26.35 Thousand [+]
Mortgage Applications 42576.00 43303.00 92239.00 17587.00 Units [+]
Nationwide Housing Prices 429.60 431.09 434.21 98.95 Index Points [+]
Construction Pmi 43.30 45.00 64.60 27.80 [+]
Construction Orders -4.70 6.60 37.40 -43.90 percent [+]
Home Loans 3854.00 4521.00 10268.00 -312.00 GBP Million [+]
Home Ownership Rate 65.00 63.40 73.30 63.40 percent [+]


United Kingdom Construction New Orders

In the UK, new orders in construction measures the value of new orders of main contractors by type of work and region within Great Britain. Since April 2013, data have been supplied directly from Barbour ABI with a sample size of all local authorities in England, Scotland and Wales, plus 10,000 contractors per year. This page provides - United Kingdom Construction Orders- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Construction New Orders - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-4.70 6.60 37.40 -43.90 1965 - 2019 percent Quarterly
SA




Country Last Previous
Germany 2.40 Jul/19
Japan -25.90 Aug/19
South Korea 2976163.00 Aug/19
United Kingdom -4.70 Jun/19


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