. Construction output in the East of England declinedby almost 14% between 2007 and 2010. Cebrpredict, on this basis, that the real direct GVAcontribution to the region will have fallen by 9% over the the same period.. The volume of new housing saw a real terms19% decline in 2008 and a 20% decline in 2009.However, new housing increased by almost 28% in 2010.. The volume of new infrastructure grew by 20% in2009 and by nearly 38% in 2010, following a 9%real terms decline in 2008.. Employment in construction has been buoyant in2008 and 2009, but declined significantly in 2010and has continued to do so in 2011. . Employment is currently estimated to stand at117,935 FTE jobs, from a peak of 133,168 in 2009. Economic contribution to the EAST of ENGLAND© Centre for Economics 22and Business Research Ltd, 2011Source: ONS, Nomis, Cebr modelling Real GVA and FTE jobs in the East of England 110 115 120 125 130 135 7,400 7,600 7,800 8,000 8,200 8,400 8,600 8,800 9,000 9,200 2007 2008 2009 2010 2011 GVA constant prices (£m, LHS) Full-Time Equivalents (FTE) ('000s, RHS)

Economic contribution to the EAST of ENGLAND© Centre for Economics and Business Research Ltd, 201123. The sector accounted for just under 8.0% of theregion's entire GVA, compared with 6.4% for the UK as a whole.. The total contribution to regional GVA of theindustry stood at £21,794m in 2010. Thecorresponding regional multiplier is 89.7% of theUK-wide multiplier, meaning that over 10.0% of theimpact of the construction sector in the East ofEngland is felt elsewhere in the UK. . The construction sector accounted for 7.7% of totalworkforce jobs in 2011, down from a high of 8.8% in 2009.. A total 327,369 FTE jobs were supported byconstruction activity throughout the East of Englandin 2011.. The construction sector comprised 32,690enterprises in 2011, 32,670 of which were SMEs.Their construction activities supported a further35,876 SMEs throughout the region - a total of68,546 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 of England regional economy Year 2007 2008 2009 2010 2011 GVA (£m, constant 2010 prices) 8,959 8,574 8,004 8,168 Total GVA impact (£m, current prices) 23,584 23,487 21,887 21,794 Direct employment (FTE jobs) 125,673 131,519 133,168 119,730 117,935 Total employment impact (FTE jobs) 348,847 365,075 369,653 332,351 327,369