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Value of Building Work Put in Place: March 2013 quarter
Embargoed until 10:45am  –  05 June 2013
Definitions

About the value of building work put in place

These quarterly releases provide estimates of the value and volume of work put in place on construction jobs in New Zealand. The value of building work includes residential building work and non-residential building work, which are summed to give all building work. Non-building construction work, such as roads and bridges, is excluded. 

The value of building work put in place measures activity in the construction sector, and complements building consents issued information (which represents the intention to build).

More definitions

Accommodation buildings: includes hostels, boarding houses, prisons, workers’ quarters, hotels, motels, and motor camp buildings.

Commercial buildings: includes shops, restaurants, taverns, offices, and administration buildings.

Miscellaneous buildings: includes social, cultural, religious, recreational, storage, and farm buildings.

New buildings: includes conversions. For example, if a hotel is converted to apartments, the value of work is classified to new dwellings. Values for new building work may sometimes include the cost of demolishing or removing the previous buildings.

New dwellings: includes houses, flats, and apartments.

Non-residential buildings: includes work on new buildings, plus alterations and additions to existing buildings. There are six categories:

  • accommodation buildings
  • hospitals and nursing homes
  • factories and industrial buildings
  • commercial buildings
  • education buildings
  • miscellaneous buildings.

Out-buildings: includes garages, glasshouses, and sheds on residential sections.

Residential buildings: includes new dwellings and domestic outbuildings, plus alterations and additions to existing buildings.

Values: dollar values for building work put in place. Calculated at current prices.

Volumes: values with price changes removed. Calculated at September 1999 quarter prices.

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