Press release 10/09/2007

CONSTRUCTION INDEX (ICC) 2nd QUARTER 2007



The construction sector in the A.C. of the Basque Country grew by 8.7% in the second quarter of 2007



Building grew by 8.0% and Civil Works by 10.5%



In the second quarter of 2007, construction activity in the A.C. of the Basque Country registered 8.7% nominal growth with regard to the same quarter in 2006, in homogeneous terms of the working calendar, according to EUSTAT data.


Once corrected for seasonal factors, the construction sector grew by 1.5% in this first quarter of 2007 compared to the first quarter of 2007.


Inter-annual quarterly growth of the corrected Construction Index of the A.C. of the Basque Country



Source: EUSTAT


The evolution of the construction sector in the second quarter of 2007 was sustained more by the Civil Works sub-sector than by Building. The former reached an inter-annual growth rate of 10.5%, compared to the 8.0% increase recorded for the latter.


In inter-quarterly terms, if the activity of the sector in the second quarter of 2007 is compared to the first quarter of 2007, the Building and Civil Works sub-sectors have grown by 1.2% and 2.2%, respectively.


Construction sector employment, in the second quarter of 2007, increased by 0.2% in gross data with respect to the same period of the previous year and also grew by 0.2% in comparison with the first quarter of 2007.


Table: 2nd quarter 2007. Variation rates (%) of the Construction Index of the A.C. of the Basque Country



(1) Interannual variation rate of the accumulated period from January to the last quarter of year t compared to the same period of the year t-1

Source: EUSTAT



For further information:

Euskal Estatistika-Erakundea / IBasque Statistics Office
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Tlf:+34-945-01 75 00 Fax:+34-945-01 75 01 E-mail: eustat@eustat.es
Contact: Gerardo Pérez Aja
Tel:+34-945-01 75 06 Fax:+34-945-01 75 01
Online press releases: www.eustat.es
Databank: www.eustat.eus/bancopx/english/indice.aspx

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The construction sector in the A.C. of the Basque Country grew by 8.7% in the second quarter of 2007

Operation : 
Construction Index
Código operación : 
122403
Frequency : 
Trimestral
Timeframe : 
2º TRIMESTRE DE 2007
Last updated : 
09/10/2007
Next update : 
12/13/2019
Type of operation : 
Encuesta por muestreo
Available formats : 
Pdf
Licence : 
Creative Commons
Permalink : 
http://en.eustat.eus/elementos/not0004314_i.html
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