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The construction industry in Great Britain, including value of output and type of work, new orders by sector, number of firms and total employment.
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Construction Spending in the United States decreased 0.20 percent in January of 2025 over the previous month. This dataset provides the latest reported value for - United States Construction Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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This table contains figures on the volume development of value added at basic prices in the construction industry. According to the Standard Industrial Classification (SIC 2008) by Statistics Netherlands (CBS), the construction industry falls under SIC 41-43. The development is presented as a percentage change compared to the same period in the previous year and is represented using index numbers with 2021 as the base year. Data available from: January 2005. Status of the figures: The data is consistently aligned with the value added figures from quarterly accounts as soon as they become available. However, when the last month of a quarter is published, regular quarterly estimates from national accounts are not yet available. As a result, the value added figures for the construction industry in this table may differ from the value added figures reported by national accounts. The series is finalized up to 2020 and provisional from 2021 onward. For quarterly figures, it involves aligning with the results of both the first (‘flash’) estimate of the quarterly accounts, which is published 6 weeks after the end of a reporting quarter, and the second (‘regular’) estimate, which is published approximately 3 months after the end of a reporting quarter. Adjustments are made when a new monthly figure is added to the series. Changes as of 14-03-2025 The figures of January 2025 have been added. The figures of the most recent 4 months present in the data may have been modified. Changes as of 9-12-2024: A dimension for the branches is added and calendar- and seasonal adjusted figures are added. When will new figures be available? New figures are typically published approximately seven weeks after the end of the reporting period.
The turnover of the construction industry in Norway increased by 7 billion euros (+10.43 percent) since the previous year. Therefore, the turnover in Norway reached a peak in 2022 with 73.9 billion euros. For the purpose of Eurstat Dataset NACE Rev.2 Section K turnover comprises the totals invoiced by the observation unit during the reference period, which corresponds to market sales of goods or services supplied to third parties.
In 2022, the turnover of the construction industry in Sweden increased by 6.4 billion euros (+6.77 percent) since 2021. With 100.7 billion euros, the turnover thereby reached its highest value in the observed period. For the purpose of Eurstat Dataset NACE Rev.2 Section K turnover comprises the totals invoiced by the observation unit during the reference period, which corresponds to market sales of goods or services supplied to third parties.
The index relates to costs ruling on the first day of each month. NATIONAL HOUSE CONSTRUCTION COST INDEX; Up until October 2006 it was known as the National House Building Index Oct 2000 data; The index since October, 2000, includes the first phase of an agreement following a review of rates of pay and grading structures for the Construction Industry and the first phase increase under the PPF. April, May and June 2001; Figures revised in July 2001due to 2% PPF Revised Terms. March 2002; The drop in the March 2002 figure is due to a decrease in the rate of PRSI from 12% to 10¾% with effect from 1 March 2002. The index from April 2002 excludes the one-off lump sum payment equal to 1% of basic pay on 1 April 2002 under the PPF. April, May, June 2003; Figures revised in August'03 due to the backdated increase of 3% from 1April 2003 under the National Partnership Agreement 'Sustaining Progress'. The increases in April and October 2006 index are due to Social Partnership Agreement "Towards 2016". March 2011; The drop in the March 2011 figure is due to a 7.5% decrease in labour costs. Methodology in producing the Index Prior to October 2006: The index relates solely to labour and material costs which should normally not exceed 65% of the total price of a house. It does not include items such as overheads, profit, interest charges, land development etc. The House Building Cost Index monitors labour costs in the construction industry and the cost of building materials. It does not include items such as overheads, profit, interest charges or land development. The labour costs include insurance cover and the building material costs include V.A.T. Coverage: The type of construction covered is a typical 3 bed-roomed, 2 level local authority house and the index is applied on a national basis. Data Collection: The labour costs are based on agreed labour rates, allowances etc. The building material prices are collected at the beginning of each month from the same suppliers for the same representative basket. Calculation: Labour and material costs for the construction of a typical 3 bed-roomed house are weighted together to produce the index. Post October 2006: The name change from the House Building Cost Index to the House Construction Cost Index was introduced in October 2006 when the method of assessing the materials sub-index was changed from pricing a basket of materials (representative of a typical 2 storey 3 bedroomed local authority house) to the CSO Table 3 Wholesale Price Index. The new Index does maintains continuity with the old HBCI. The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change. Oct 2008 data; Decrease due to a fall in the Oct Wholesale Price Index.
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This table has been discontinued due to a shift in the base year.
The output indicator on construction reflects the volume development of the value added (basic prices) in the sector construction according to the Standard Industrial Classification of all Economic Activities 2008 (SIC 41, 42 and 43). Monthly figures of construction are made consistent with figures of quarterly accounts when these are available. Monthly figures are also corrected for price changes. When the last month of a quarter is published, the second estimate of quarterly accounts figures of the national accounts are not yet available. Therefore, figures of value added of construction in the table can differ from value added figures of national accounts. Subjects: Volume changes, compared to the same period of the previous year and volume index figures, base year 2015=100.
Data available from January 2005 up and until December 2023.
Changes as of 01 May 2024: The figures of December 2023 have been added and the figures of October 2023 up to and including November 2023 could have been adjusted and this table has been discontinued.
Changes as of 18 July 2023: The yearly national accounts updates have been carried out and the figures of January 2020 up to and including April 2023 have been adjusted. The figures of May 2023 could been added. From now on the figures of 2020 are final.
Status of the figures: Data from 2005 up to and including 2020 are final. Data from 2021 onwards are provisional. Since this table has been discontinued, the data will not be finalized.
Changes as of 16 March 2021: The figures of January 2021 have been added and the figures of October up to and including December 2020 have been adjusted. From now on, we send the calendar and seasonally adjusted figures to Eurostat. The link to the relevant table can be found in section 3.
Statistics Netherlands has carried out a revision of the national accounts in June of 2018. New statistical sources and estimation methods have been used during the revision. This table provides the data after revision. For further information see section 3.
When are new figures released? No longer applicable.
This table is succeeded by "Construction; value added, index 2021=100 and changes". See Section 3.
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GDP from Construction in Rwanda increased to 211 RWF Billion in the fourth quarter of 2024 from 192 RWF Billion in the third quarter of 2024. This dataset provides - Rwanda Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Quarterly new orders at current price and chained volume measures, seasonally adjusted by public and private sector. Quarterly non–seasonally adjusted type of work and regional data.
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GDP from Construction in Chile increased to 3171.89 CLP Billion in the fourth quarter of 2024 from 2997.62 CLP Billion in the third quarter of 2024. This dataset provides - Chile Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The Saudi Arabia Data Center Construction Market Report is Segmented by Infrastructure (Electrical Infrastructure (Power Distribution Solution (PDU, Transfer Switches, Switchgear, Power Panels and Components, and Other Power Distribution Solutions)), Power Backup Solution (UPS, Generators), Service – Design & Consulting, Integration, Support & Maintenance)), Mechanical Infrastructure (Cooling Systems (Immersion Cooling, Direct-To-Chip Cooling, Rear Door Heat Exchanger, In-Row and In-Rack Cooling)), Racks, and Other Mechanical Infrastructure)), and General Construction)), Tier Type (Tier 1 and 2, Tier 3, and Tier 4), and End User (Banking, Financial Services and Insurance, IT and Telecommunications, Government and Defense, Healthcare, and Other End Users). The Market Sizes and Forecasts are Provided in USD Value for all the Above Segments.
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Artificial Intelligence (AI) In Construction Market size was valued at USD 1.53 Billion in 2024 and is projected to reach USD 14.21 Billion by 2031, growing at a CAGR of 36.00% during the forecast period 2024-2031.
Global Artificial Intelligence (AI) In Construction Market Drivers
Technological Progress
Data Availability and Big Data Analytics: Building Information Modeling (BIM), drones, and Internet of Things (IoT) sensors are just a few of the sources that the construction sector is using to generate enormous amounts of data. AI uses this data to improve decision-making, streamline workflows, and offer predictive insights. AI applications are more reliable and accurate when big data analytics is used to handle and analyze complicated datasets.
Automation and Machine Learning: More complex and precise predictive models are made possible by developments in machine learning algorithms. Artificial intelligence (AI) automation is increasing efficiency by optimizing processes including resource allocation, project management, and scheduling. AI-powered robotics are also being utilized to increase safety and decrease human error in jobs like welding, demolition, and bricklaying.
Computer Vision: This technology is particularly transformative in construction. AI-powered computer vision can monitor site progress, ensure safety compliance, and detect defects in real-time. Drones and cameras equipped with AI analyze construction sites to provide actionable insights, improving quality control and reducing costly rework.
Economic Factors
Cost Reduction: AI helps in significantly reducing costs associated with construction projects. Through predictive maintenance, AI minimizes downtime and extends the life of equipment. Optimized resource management ensures materials are used efficiently, reducing waste and costs. Furthermore, AI-driven project management tools can prevent delays and associated costs by identifying potential issues early.
Competitive Advantage: Companies adopting AI technologies gain a competitive edge by enhancing their efficiency, reducing operational costs, and delivering projects faster. This is increasingly important in a highly competitive industry where margins are often tight. Early adopters of AI in construction are likely to set industry benchmarks and attract more business.
Operational Efficiencies
Enhanced Productivity: AI streamlines construction processes by automating repetitive tasks, improving scheduling, and optimizing workflows. This results in increased productivity and allows human workers to focus on more complex, value-added activities. AI also enhances the accuracy of labor forecasting and deployment, ensuring optimal use of human resources.
Improved Safety: Safety is a critical concern in construction. AI technologies, such as wearable devices and computer vision, monitor worker movements and site conditions in real-time to detect hazards and prevent accidents. AI-driven predictive analytics can foresee potential safety issues, allowing for proactive measures to mitigate risks.
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GDP from Construction in Vietnam increased to 97405 VND Billion in the second quarter of 2024 from 75468 VND Billion in the first quarter of 2024. This dataset provides - Vietnam Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.
The turnover of the construction of buildings industry in Romania increased by 3.8 billion euros (+24.23 percent) since the previous year. Therefore, the turnover in Romania reached a peak in 2022 with 19.4 billion euros. For the purpose of Eurstat Dataset NACE Rev.2 Section K turnover comprises the totals invoiced by the observation unit during the reference period, which corresponds to market sales of goods or services supplied to third parties.Find more statistics on the construction of buildings industry in Romania with key insights such as number of enterprises, production value, personnel costs, and number of employees.
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Output indicator for construction. The output indicator on construction reflects the volume development of the value added (basic prices) in the sector construction according to the Standard Industrial Classification of all Economic Activities 2008 (SIC 41, 42 and 43). Figures are consistent with the National accounts 2011 and Quarterly accounts and corrected for price changes. Subjects: Volume changes, compared to the same period of the previous year and volume index figures, base year 2010=100.
Data available from: January 2005 - April 2014.
Status of the figures: The data from 2010 onward are preliminary.
Changes as of 23 July 2014: None, this table has been discontinued as from 23 July 2014 and will be continued as Construction; value added, index 2010 = 100 and changes. For more information see section 3.
When will figures be published? The figures in this table will no longer be adjusted. The table has been discontinued as from 23 July 2014.
Changes as of 16th of July 2013: Revision The figures on value added in the construction industry have been adjusted to the results of the National Accounts 2012 and the corresponding quarterly accounts. As a result, the indices and year-on-year changes for 2010 (definite), 2011 (revised provisional) and 2012 (provisional) have changed. As 2010 is the base year, indices to 2009 have also changed. The year-on-year change for these years remains (almost) unchanged.
When are new figures released? Not, the table has been discontinued as from 23 July 2014.
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Construction Output Price Indices (OPIs) from January 2014 to December 2024, UK. Summary.
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Armenia Construction Value: Annual data was reported at 709,465.300 AMD mn in 2024. This records an increase from the previous number of 619,686.000 AMD mn for 2023. Armenia Construction Value: Annual data is updated yearly, averaging 450,806.700 AMD mn from Dec 2000 (Median) to 2024, with 25 observations. The data reached an all-time high of 842,351.000 AMD mn in 2008 and a record low of 90,997.500 AMD mn in 2000. Armenia Construction Value: Annual data remains active status in CEIC and is reported by Statistical Committee of the Republic of Armenia. The data is categorized under Global Database’s Armenia – Table AM.EA002: Construction Value.
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Construction Industry: Gross Value of Production: 5 Persons or More: Other Infrastructure Works data was reported at 16,824,443.000 BRL th in 2017. This records a decrease from the previous number of 18,676,664.000 BRL th for 2016. Construction Industry: Gross Value of Production: 5 Persons or More: Other Infrastructure Works data is updated yearly, averaging 24,866,058.000 BRL th from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 49,079,757.000 BRL th in 2012 and a record low of 10,626,507.000 BRL th in 2007. Construction Industry: Gross Value of Production: 5 Persons or More: Other Infrastructure Works data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EI006: Construction Industry: CNAE 2.0: Gross Value of Production: by Activity.
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Brazil Construction Industry: Gross Value of Production: 30 to 49 Persons: Specialised Services for Construction data was reported at 4,662,193.000 BRL th in 2017. This records a decrease from the previous number of 5,765,303.000 BRL th for 2016. Brazil Construction Industry: Gross Value of Production: 30 to 49 Persons: Specialised Services for Construction data is updated yearly, averaging 5,386,399.000 BRL th from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 6,749,821.000 BRL th in 2014 and a record low of 1,943,489.000 BRL th in 2008. Brazil Construction Industry: Gross Value of Production: 30 to 49 Persons: Specialised Services for Construction data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EI006: Construction Industry: CNAE 2.0: Gross Value of Production: by Activity.
The turnover of the construction of buildings industry in Slovenia increased by 410 million euros (+17.99 percent) since the previous year. Therefore, the turnover in Slovenia reached a peak in 2022 with 2.7 billion euros. For the purpose of Eurstat Dataset NACE Rev.2 Section K turnover comprises the totals invoiced by the observation unit during the reference period, which corresponds to market sales of goods or services supplied to third parties.Find more statistics on the construction of buildings industry in Slovenia with key insights such as number of enterprises, production value, personnel costs, and number of employees.
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The construction industry in Great Britain, including value of output and type of work, new orders by sector, number of firms and total employment.