Definition: New orders for building construction and New order...

Category: Short-term statistics

This definition is used in short-term business statistics.
The objectives and characteristics of indices for variable 130 (new orders received) also apply to the indices for the variables on new orders received for building construction and civil engineering.
The division of new orders received between building construction and civil engineering is based on the classification of types of construction (CC). These indices aim to show the future production possibilities for each of the two main sections in construction namely buildings and civil engineering works.These indices are calculated by assigning basic information on orders to products in the CC and then aggregating the product indices in accordance with the CC to the
section level.