Home > Statistics > Index of turnover of construction > 2009 > July > Turnover of construction enterprises contracted by nearly 17 per cent in the May to July period

Published: 15 October 2009

Turnover of construction enterprises contracted by nearly 17 per cent in the May to July period

The turnover of construction enterprises fell by 16.8 per cent in the May to July period of 2009, when compared with the corresponding three month period of the year before. Over the same period, the turnover of construction of buildings fell by 21.5 per cent, that of specialised construction activities by 14.9 per cent and that of civil engineering by 8.4 per cent.

In July 2009, construction enterprises' turnover contracted by 13.1 per cent from the previous year. The contraction was largest in the activities of construction of buildings where turnover fell by 16.8 per cent in July, in specialised construction activities the decrease from the corresponding time period of the year before amounted to 13.2 per cent and in civil engineering to 4.1 per cent. These data derive from the preliminary index of turnover of construction compiled by Statistics Finland.

The sales volume of construction enterprises fell by 16.1 per cent year-on-year in the May to July period. Over the same period, the sales volume of building construction enterprises fell by 21.3 per cent, that of specialised construction activities by 14.7 per cent and that of civil engineering by 5.5 per cent.

In July 2009, the sales volume of construction enterprises diminished by 11.7 per cent from July 2008. The sales volume of building construction enterprises fell in July by 15.4 per cent, that of civil engineering enterprises by 0.4 per cent, and that of specialised construction activities by 11.7 per cent from July 2008.

The volume index of enterprises' sales is calculated by removing the effect of price changes from the turnover index series. In July 2009, the costs of building construction fell by 1.9 per cent and those of civil engineering by 3.8 per cent from July 2008.

Year-on-year change in turnover in the 5-7/2009 and 5-7/2008 time periods, % (TOL 2008)

Source: Index of turnover of construction, July 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 15.10.2009