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Economic contribution to the NORTH WEST of ENGLAND© Centre for Economics and Business Research Ltd, 201115. The sector accounted for 6.8% of the region'sworkplace GVA in 2008, greater than the UKaverage of 6.4%.. The total contribution to regional GVA of theindustry stood at £20,234m in 2010. Thecorresponding regional multiplier is 92.5% of theUK-wide multiplier, meaning that about 7.5% of theimpact of the construction sector in the North Westis felt elsewhere in the UK. . The construction sector accounted for 6.3% ofworkforce jobs in 2011, falling from a high of 7.2%in 2008.. A total 329,175 FTE jobs were supported byconstruction activity throughout the North-East in2011, compared to the 401,574 in 2007.. The construction sector comprised 25,315enterprises in 2011, 25,275 of which were SMEs.Their construction activities supported a further27,920 SMEs throughout the region - a total of53,195 SMEs being supported through constructionsupply chains.Source: ONS, Cebr modelling Direct GVA and employment contributions and total direct, indirect and induced impacts on the North West regional economy Year 2007 2008 2009 2010 2011 GVA (£m, constant 2010 prices) 8,234 8,022 6,920 7,356 Total GVA impact (£m, current prices) 22,347 22,655 19,509 20,234 Direct employment (FTE jobs) 159,708 157,875 152,400 139,959 130,915 Total employment impact (FTE jobs) 401,574 396,965 383,198 351,915 329,175 . The construction industry in Yorkshire & The Humberwas the hardest hit in the first year of the recession,with a real decline in output of just under 11% in2008. With a decline in excess of 18% between 2007and 2010, Cebr predict a real decline in the industry'sGVA contribution to the region of 11%.. The volume of new housing fell by 27% in 2008 andby 45% in 2009. The 13% increase in new housingconstruction recorded in 2010 was driven by a 52%increase in public housing. Private housing increasedby less than 5% in 2010. . The volume of new infrastructure fell by 10% in 2008,before increasing by 82% in 2009 and again in 2010by 6%.. Employment in construction has fallen steadily byabout 6% in each year of the 2008-10 period. The first half-year's data so far reports a 3% increasein 2011.. There are an estimated 105,322 FTE jobs inconstruction in Yorkshire & The Humber in 2011,which is 15% lower than the average estimatednumber through 2007.Economic contribution to YORKSHIRE & THE HUMBER© Centre for Economics 16and Business Research Ltd, 2011Source: ONS, Nomis, Cebr modelling Real GVA and FTE jobs in Yorkshire & The Humber - 20 40 60 80 100 120 140 - 1,000 2,000 3,000 4,000 5,000 6,000 7,000 2007 2008 2009 2010 2011 GVA constant prices (£m, LHS) Full-Time Equivalents (FTE) ('000s, RHS) |