Published: 15 February 2010
Turnover of construction enterprises contracted by nearly 15 per cent in the September to November period
According to Statistics Finland, the turnover of construction enterprises fell by 14.9 per cent in the September to November period of 2009 from the corresponding period twelve months back. Turnover decreased by 17.5 per cent in the construction of buildings, by 14.0 per cent in civil engineering and by 12.8 per cent in specialised construction activities in the September to November period.
In November 2009, construction enterprises' turnover contracted by 10.6 per cent from the previous year. The contraction was largest in the construction of buildings where turnover fell by 13.1 per cent in November. In civil engineering the decrease from the corresponding time period of the year before amounted to 11.9 per cent and in specialised construction activities to 7.7 per cent. These data derive from the preliminary index of turnover of construction compiled by Statistics Finland.
Year-on-year change in turnover in the 9-11/2009 and 9-11/2008 time periods, % (TOL 2008)
The sales volume of construction enterprises shrunk by 10.1 per cent year-on-year in the September to November 2009 period. The sales volume of building construction enterprises fell by 12.9 per cent, that of civil engineering by 10.6 per cent and that of specialised construction activities by 7.9 per cent.
In November 2009, the sales volume of construction enterprises decreased by 5 per cent from November 2008. The sales volume of civil engineering enterprises contracted by 10.9 per cent, that of building construction enterprises by 7.3 per cent, and that of specialised construction activities by 1.6 per cent in November.
The volume index of enterprises' sales is calculated by removing the effect of price changes from the turnover index series. In November 2009, the costs of building construction fell by 1.8 per cent and those of civil engineering by 1.1 per cent from November 2008.
Source: Index of turnover of construction, November 2009. Statistics Finland
Inquiries: Ulla Virtanen +358 9 1734 3331, Merja Järvinen +358 9 1734 2458, rakennus.suhdanne@stat.fi
Director in charge: Hannele Orjala
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Last updated 15.2.2010
Official Statistics of Finland (OSF):
Index of turnover of construction [e-publication].
ISSN=1798-5935. November 2009. Helsinki: Statistics Finland [referred: 17.8.2024].
Access method: http://www.stat.fi/til/rlv/2009/11/rlv_2009_11_2010-02-15_tie_001_en.html