Construction Sector Output in 2013

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1 Construction Sector Output in 213 Total bill Building Construction bill Civil engineering bill. 6.2 Maintenance bill. 1.7 Repair and maintenance bill Investment bill Residential bill 6.5 Non-residential bill. 4.9 Residential bill. 5.5 Non-residential bill. 5.7 New building bill Source Forecon Oy Confederation of Finnish Construction Industries

2 Gross Domestic Product and Construction change in volume from previous year, % GDP Construction f 215f Source: Statistics Finland, RT Confederation of Finnish Construction Industries

3 Construction Volume Index, 1985=1 Building Renovation and Modernisation New Residential Construction New Non-Resdidential Construction Civil engineering Source: Euroconstruct (VTT) Confederation of Finnish Construction Industries

4 Confidence Indicator of Construction balance Source: Confederation of Finnish Industries Confederation of Finnish Construction Industries

5 Building Cost Index change from previous year, % Total index Labour Material Source: Statistics Finland, RT Confederation of Finnish Construction Industries

6 Price Development in the Housing Market Index, I. quarter 1998=1 Prices of old dwellings Building costs Tender prices Price of land Sorce: Statistics Finland, Rapal. Confederation of Finnish Construction Industries

7 Employment in Construction 2 people Source: Statistics Finland, RT Confederation of Finnish Construction Industries

8 Total New Building Construction quarter moving total Permits Starts Source: Statistics Finland, RT Confederation of Finnish Construction Industries

9 Residential Buildings mill. m 3 4 quarter moving total 4 2 Permits Starts Completions f 215f Source: Statistics Finland, RT Confederation of Finnish Construction Industries

10 Consumers intensions 16 balance Source: Statistics Finland Confederation of Finnish Construction Industries

11 Obstacles to Start Privately Financed Housing Production Harms very much Harms somewhat No effect Insufficient demand Lack of plots (Helsinki area) Price of land too expensive Price level do not guarantee profitability Lack of plots (Outside Helsinki area) Lack of skilled labour, salary earners Rise in building costs Lack of skilled labour, workers Inreased demand for other buildings Expectations of a rise in interest rates Source: RT % 5 % 1 % Confederation of Finnish Construction Industries

12 Starts on New Dwellings dwellings Blocks of flats Row houses Detached houses f Source: Statistics Finland, RT Confederation of Finnish Construction Industries

13 Unsold owner-occupied new dwellings 3 dwellings Source: RT Confederation of Finnish Construction Industries

14 Households' new drawdowns of housing loans and average interest rate mill. % New housing loans Interest rate Source: Bank of Finland Confederation of Finnish Construction Industries

15 Commercial Buildings mill. m 3 4 quarter moving total 4 2 Permits Starts Completions f 215f Source: Statistics Finland, RT Confederation of Finnish Construction Industries

16 Public Buildings 5 mill. m 3 4 quarter moving total Permits Starts Completions f 215f Source: Statistics Finland, RT Confederation of Finnish Construction Industries

17 Industrial and Warehouse Buildings mill. m 3 Luvat Aloitukset Valmistuneet Source: Statistics Finland, RT 4 quarter moving total f 215f Confederation of Finnish Construction Industries

18 Volume of Investment in Civil Engineering 13 Index, 2= f Source: Statistics Finland, RT Confederation of Finnish Construction Industries

19 Distribution of Civil Engineering Work done on building site 38 % Connecting communities 32 % Construction of community 3 % Lähde: Tilastokeskus Confederation of Finnish Construction Industries

20 Renovation and Modernisation of Building Construction 7 mill. 6 5 Residential buildings Non-residential buildings Source: Statistics Finland, RT Confederation of Finnish Construction Industries

21 Volume of Construction Product Industry Index 2=1, Trend Stone based construction industry Sahatavara- ja puutuoteteollisuus Source: Statistics Finland, RT Confederation of Finnish Construction Industries

22 Profitability of Construction Industry % Building industry, operating profit before depreciations, % Building product industry, operating profit Source: RT f Confederation of Finnish Construction Industries

23 International Operations of Finnish Construction Industry, mill. Other countries Scandinavia Baltic countries USSR/Russia Source: RT Confederation of Finnish Construction Industries

24 GDP and Construction of Euroconstruct-countries change in volume from previous year, % -6-8 GDP Construction f 215f 216f Source: Euroconstruct, Prague, November 213 Confederation of Finnish Construction Industries

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