Construction orders in the UK went up 4% year-on-year in the first quarter of 2020, following a revised 1.2% rise in the previous period and the biggest increase in a year. New housing (11% vs -4% in the fourth quarter) and infrastructure (57% vs -10%) rebounded while new word slowed (1% vs 3%). On a quarterly basis, construction orders jumped 11.8% .
Construction Orders in the United Kingdom averaged -0.34 percent from 1965 until 2020, 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. This page provides - United Kingdom Construction Orders- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Construction New Orders - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Office for National Statistics
Construction Orders in the United Kingdom is expected to be -12.00 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 1.80 in 12 months time. In the long-term, the United Kingdom Construction New Orders is projected to trend around 5.00 percent in 2021 and 2.00 percent in 2022, according to our econometric models.