Still large reserves of orders in construction

Published:

The stock of orders in building and construction was 3 per cent higher in the 2nd quarter of 2017 and shows an industry with substantial ongoing projects and full order books in the first half of 2017.

The order reserves in building projects and in civil engineering projects increased both by 3 per cent compared to the 1st quarter of 2017, according to new figures from the statistics Construction, new orders. Compared to the 2nd quarter of 2016 the stock of orders increased by 14 per cent measured in current value.

For several districts, small decreases in stocks of order were noticed compared to the 1st quarter of 2017. A considerable exception is Hedmark- Oppland, where building the road along Lake Mjøsa has resulted in high civil engineering reserves.

After a strong increase in the beginning of the year, the inflow in building and construction saw a small decrease. The annual change however was 4 per cent higher for inflow in building and construction industry. Building projects contributed with 2 per cent growth while civil engineering projects grew by 13 per compared to previous year.

Figure 1. New orders received and stock of orders. Unadjusted. 2010=100

New orders received Stock of orders
Q1-2004 75 59
Q2-2004 81 64
Q3-2004 69 64
Q4-2004 76 63
Q1-2005 78 68
Q2-2005 96 75
Q3-2005 88 78
Q4-2005 88 79
Q1-2006 102 88
Q2-2006 99 93
Q3-2006 93 96
Q4-2006 102 98
Q1-2007 117 105
Q2-2007 119 113
Q3-2007 95 110
Q4-2007 112 109
Q1-2008 102 110
Q2-2008 103 104
Q3-2008 93 99
Q4-2008 77 86
Q1-2009 87 85
Q2-2009 91 85
Q3-2009 91 86
Q4-2009 101 87
Q1-2010 100 95
Q2-2010 109 101
Q3-2010 94 102
Q4-2010 98 101
Q1-2011 116 113
Q2-2011 116 119
Q3-2011 102 119
Q4-2011 130 132
Q1-2012 125 140
Q2-2012 137 145
Q3-2012 105 141
Q4-2012 124 138
Q1-2013 128 144
Q2-2013 142 152
Q3-2013 115 150
Q4-2013 124 147
Q1-2014 133 156
Q2-2014 137 161
Q3-2014 120 153
Q4-2014 129 148
Q1-2015 128 153
Q2-2015 157 162
Q3-2015 138 165
Q4-2015 129 161
Q1-2016 137 173
Q2-2016 160 176
Q3-2016 132 180
Q4-2016 160 180
Q1-2017 175 195
Q2-2017 166 201

Figure 2. New orders, trends

Total Buildings Civil engineering works
Q1-2004 73 74 72
Q2-2004 74 77 72
Q3-2004 75 81 67
Q4-2004 76 84 64
Q1-2005 81 85 71
Q2-2005 89 91 80
Q3-2005 93 99 85
Q4-2005 95 103 85
Q1-2006 95 104 83
Q2-2006 95 103 85
Q3-2006 99 104 91
Q4-2006 107 113 95
Q1-2007 112 125 93
Q2-2007 110 126 86
Q3-2007 106 120 84
Q4-2007 103 113 93
Q1-2008 100 108 95
Q2-2008 97 101 96
Q3-2008 92 94 96
Q4-2008 85 85 92
Q1-2009 82 79 93
Q2-2009 88 81 104
Q3-2009 97 88 116
Q4-2009 102 92 120
Q1-2010 100 95 111
Q2-2010 101 100 101
Q3-2010 101 102 96
Q4-2010 104 105 95
Q1-2011 108 111 98
Q2-2011 110 113 110
Q3-2011 114 113 134
Q4-2011 123 115 152
Q1-2012 126 114 157
Q2-2012 123 111 149
Q3-2012 122 113 136
Q4-2012 123 118 127
Q1-2013 128 119 148
Q2-2013 128 113 171
Q3-2013 127 109 177
Q4-2013 128 108 178
Q1-2014 129 110 171
Q2-2014 128 117 152
Q3-2014 130 117 155
Q4-2014 130 113 178
Q1-2015 131 114 193
Q2-2015 141 121 208
Q3-2015 145 124 199
Q4-2015 137 121 170
Q1-2016 136 120 159
Q2-2016 142 125 161
Q3-2016 150 134 169
Q4-2016 164 148 187
Q1-2017 171 155 190
Q2-2017 166 149 187