XN000022-1992-01-31 — Page 17

FRIDAY, JANUARY 31, 1992

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CONSTRUCTION OUTPUT STATISTICS FOR THIRD QUARTER OF 1991

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MAIN

THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY CONTRACTORS (WHO MAY BE GENERAL CONTRACTORS OR SPECIAL TRADE CONTRACTORS) IN THE THIRD QUARTER OF LAST YEAR AMOUNTED ΤΟ

$15.8 BILLION, ACCORDING TO FINDINGS OF THE QUARTERLY SURVEY OF CONSTRUCTION OUTPUT RELEASED TODAY (FRIDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

THIS WAS 0.4% LOWER THAN THE SAME QUARTER OF 1990 AND 0.3% LOWER THAN THE SECOND QUARTER OF 1991.

COMPARED WITH THE PRECEDING QUARTER, THE DROP IN THE GROSS VALUE OF CONSTRUCTION WORK IN THE THIRD QUARTER OF 1991 WAS DUE TO THE SMALLER VALUE OF WORK DONE BY THE GENERAL CONTRACTORS AT PUBLIC SITES AND NON-SITE LOCATIONS.

WORK DONE AT PUBLIC SITES DECREASED BY 3.8% FROM THE PRECEDING QUARTER TO $3.7 BILLION; THAT AT NON-SITE LOCATIONS FELL BY 2.5% ΤΟ $2.8 BILLION.

ON THE OTHER HAND, GREATER VALUES OF WORK WERE GENERAL CONTRACTORS AT PRIVATE SECTOR SITES AND BY CONTRACTORS IN GENERAL.

BY

PERFORMED SPECIAL TRADE

THE VALUE OF WORK DONE BY GENERAL CONTRACTORS AT PRIVATE SECTOR SITES AMOUNTED TO $8 BILLION IN THE THIRD QUARTER AND WAS 1.2% HIGHER THAN THE SECOND QUARTER.

FOR THE SPECIAL TRADE CONTRACTORS, THE VALUE OF WORK DONE WAS $1.2 BILLION AND WAS 7.1% HIGHER.

RESIDENTIAL

RESIDENTIAL BUILDING PROJECTS (INCLUDING COMBINED NON-RESIDENTIAL BUILDINGS) CONTINUED TO ACCOUNT FOR THE GREATEST PORTION OF THE TOTAL CONSTRUCTION SITE WORK DONE.

AND

THE GROSS VALUE OF WORK PERFORMED IN THE THIRD QUARTER OF 1991 WAS $4.9 BILLION, ACCOUNTING FOR 41.6% OF THE TOTAL CONSTRUCTION SITE WORK DONE.

THIS WAS HIGHER THAN THE SECOND QUARTER BY 1.8% THOUGH STILL MARGINALLY LOWER THAN THE THIRD QUARTER OF 1990 BY 0.7%.

ON THE OTHER HAND, THE GROSS VALUE OF CONSTRUCTION WORK PERFORMED BY MAIN CONTRACTORS AT COMMERCIAL BUILDING SITES COMPARED LOW WITH BOTH THE SECOND QUARTER OF 1991 (BY 2.7%) AND THE SAME QUARTER OF 1990 (BY 0.7%). THE TOTAL VALUE OF WORK DONE IN THE THIRD QUARTER WAS $2.1 BILLION.

THE COMMERCIAL BUILDING PROJECTS FORMED THE SECOND LARGEST CATEGORY OF CONSTRUCTION SITE WORK DONE, ACCOUNTING FOR 18.0% OF THE TOTAL CONSTRUCTION SITE WORK DONE IN THE THIRD QUARTER.

/THE TRANSPORT