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Sharp fall in orders
00:00 11 Jul 1996
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Orders for new construction in fell sharply in May by more than 4%
to their lowest levels since September 1995, according to figures
published by the Department of the Environment on Tuesday.
The DoE attributed the fall to a shortfall in infrastructure orders, mainly road schemes, and a lower volume private housing orders.
In the three months between March and May, the total volume of new orders received by contractors was 7% lower than in the previous three, but 3% higher compared to the same quarter in 1995.
The value of new orders won in May are valued at œ1.853 billion by the DoE.
The DoE attributed the fall to a shortfall in infrastructure orders, mainly road schemes, and a lower volume private housing orders.
In the three months between March and May, the total volume of new orders received by contractors was 7% lower than in the previous three, but 3% higher compared to the same quarter in 1995.
The value of new orders won in May are valued at œ1.853 billion by the DoE.
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