4
TUESDAY, NOVEMBER 3, 1992
CONSTRUCTION OUTPUT STATISTICS FOR 2ND QUARTER OF 1992
THE
VALUE GROSS
OF CONSTRUCTION WORK
BY PERFORMED
MAIN AMOUNTED CONTRACTORS, INCLUDING GENERAL AND SPECIAL TRADE CONTRACTORS,
3.3% HIGHER TO $16.3 BILLION IN THE SECOND QUARTER OF 1992, AND WAS
OF THAN A YEAR AGO, ACCORDING TO THE RESULTS OF THE QUARTERLY SURVEY
OUTPUT RELEASED TODAY CONSTRUCTION
BY (TUESDAY)
THE CENSUS AND
STATISTICS DEPARTMENT.
COMPARED WITH
THE PRECEDING
QUARTER,
THE
GROSS
VALUE OF SLIGHTLY
CONSTRUCTION
PERFORMED IN THE SECOND QUARTER OF 1992 WORK INCREASED BY 1.0%.
THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED AT PRIVATE SITES TOTALLED $7.6 BILLION AND WAS 4.2% LOWER THAN IN THE SAME QUARTER OF
THE COMPARED
GROSS VALUE WITH THE PRECEDING QUARTER, LAST YEAR. DECREASED BY 4.8%
•
SITES AN REPRESENTING THE INCREASE WAS AIRPORT RELATED
THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED AT PUBLIC WAS $4.1 BILLION IN THE SECOND QUARTER OF 1992, INCREASE OF 6.4% OVER THE SAME QUARTER OF LAST YEAR. PARTLY DUE TO THE CONSTRUCTION WORK IN A NUMBER OF PROJECTS.
COMPARED WITH THE PRECEDING QUARTER, THE GROSS VALUE SLIGHTLY BY 0.8%.
DECREASED
AS A NUMBER OF LARGE PUBLIC PROJECTS HAS JUST STARTED SECOND QUARTER OF 1992, THE CONSTRUCTION OUTPUT IN THE PUBLIC IS EXPECTED TO INCREASE IN THE COMING QUARTERS.
IN
THE
SECTOR
CONTRACTORS
THE GROSS VALUE OF NON-SITE
IN
WORK PERFORMED
BY
GENERAL
BEING THE
THE SECOND QUARTER OF 1992 WAS $3.3 BILLION, 11.9% AND 14.8% HIGHER THAN IN THE SAME QUARTER OF LAST YEAR AND PRECEDING QUARTER RESPECTIVELY.
SUCH WORK INCLUDED MINOR NEW CONSTRUCTION AND RENOVATION WORKS AT ERECTED BUILDINGS AND STRUCTURES.
WAS QUARTER
$1.
OF
THE GROSS VALUE OF WORK PERFORMED BY SPECIAL TRADE
3
BEING 23.5% AND 13.2% HIGHER BILLION,
LAST YEAR AND THE PRECEDING
THAN
CONTRACTORS
SAME
THE IN RESPECTIVELY. QUARTER
THE INCREASE WAS MAINLY ATTRIBUTABLE TO CONTRACTORS ENGAGED ELECTRICAL AND MECHANICAL FITTINGS.
ANALYSED
IN
(INCLUDING
BY END-USE, RESIDENTIAL BUILDING PROJECTS COMBINED RESIDENTIAL / NON-RESIDENTIAL BUILDINGS) CONTINUED TO ACCOUNT FOR THE GREATEST
OF CONSTRUCTION WORK PORTION OF THE GROSS VALUE PERFORMED AT BOTH PRIVATE AND PUBLIC SITES.
THE
GROSS
7 VALUE OF THESE PROJECTS WAS $4. SECOND QUARTER OF 1992, REPRESENTING A DROP OF 2.7% COMPARED WITH THE SAME QUARTER OF LAST YEAR AND THE PRECEDING RESPECTIVELY.
IN THE BILLION
AND 5.4% WHEN QUARTER
/COMMERCIAL BUILDING