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CONSTRUCTION INDICATORS

Statistics Directorate    
Definition:
Construction indicators can be divided into two groups. The first comprising permits issued, new orders and work started (based on estimated value, area or numbers upon completion) are indicators of future activity.

The second group, comprising work put in place, work in progress and work completed are indicators of work actually done within a given period of time or at a particular point in time.

Source Publication:
Main Economic Indicators - Comparative Methodological Analysis: Industry, retail and Construction Indicators, OECD, Paris, 2002, page 70.

Cross References:
Construction

Statistical Theme: Industry and services statistics

Created on Friday, August 02, 2002

Last updated on Monday, April 15, 2013