Economic contribution to the EAST MIDLANDS© Centre for Economics and Business Research Ltd, 201119. The sector accounted for 7.4% of the region's entire workplace GVA, the third highest proportionin the UK.. The total contribution to regional GVA of theindustry stood at £14,463m in 2010. Thecorresponding regional multiplier is 90.1% of theUK-wide multiplier, meaning that about 9.9% of theimpact of the construction sector in the EastMidlands is felt elsewhere in the UK. . The construction sector accounted for 6.5% of totalworkforce jobs in 2011, down from a high of 7.7% in 2008.. A total 219,238 FTE jobs were supported byconstruction activity throughout the East Midlands in 2011, a staggering 66,000 less than in 2007.. The construction sector comprised 19,340enterprises in 2011, 19,320 of which were SMEs.Their construction activities supported a further25,190 SMEs throughout the region - a total of44,510 SMEs, being supported through constructionsupply chains.Source: ONS, Cebr modelling Direct GVA and employment contributions and total direct, indirect and induced impacts on the East Midlands regional economy Year 2007 2008 2009 2010 2011 GVA (£m, constant 2010 prices) 5,931 5,683 4,939 5,402 Total GVA impact (£m, current prices) 15,669 15,624 13,554 14,463 Direct employment (FTE jobs) 98,110 96,854 87,526 82,921 75,362 Total employment impact (FTE jobs) 285,415 281,761 254,627 241,229 219,238

. Construction output in the West Midlands hasdeclined every year since 2005, with the steepestannual drop in 2009 of over 20%. Despite a 14%increase in 2010, Cebr predict that the industry'sdirect GVA contribution will have fallen in real termsby just under 9% between 2007 and 2010.. The volume of new housing fell by 22% in 2008 andby a further 31% in 2009. The 16.4% increase in2010 was driven by a 64% increase in the volume ofnew public housing. New infrastructure grew by over 15% in 2008 andby 16% in 2010, but declined in the intervening yearby 6%. . The number of FTE jobs in the West Midlandsconstruction industry stands at an estimated 94,228in 2011, a 20% fall from 2007. . The situation shows little sign of improvement with a 7% decline in the number FTE jobs inconstruction in 2011.Economic contribution to the WEST MIDLANDS© Centre for Economics 20and Business Research Ltd, 2011Source: ONS, Nomis, Cebr modelling Real GVA and FTE jobs in the West Midlands - 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)