Construction new orders for the first quarter of 2013, released by the ONS, fell 10% compared to the fourth quarter and were 0.2% lower than the same quarter one year earlier. Although most sectors showed little change, the key differences were a marked rise in private housing orders, offset by a significant fall in infrastructure activity.Commenting on the ONS figures, Dr Noble Francis, Economics Director at the Construction Products Association said; ‘Recent GDP figures have pointed to signs of growth in the overall economy, but construction has continued to face very challenging conditions with output already 7% lower than a year ago. Today’s new orders figures reflect these continuing difficulties.
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