Economic contribution to WALES© Centre for Economics and Business Research Ltd, 20117. The sector accounted for just over 6.4% of theregion's GVA in 2008 (just greater than the UKaverage).. The total contribution to regional GVA was £6,948min 2010. The corresponding regional multiplier is90.9% of the UK multiplier, meaning that 9.1% ofthe impact of the Welsh construction industry is feltelsewhere in the UK. . The construction sector accounted for 7.5% of allworkforce jobs in Wales. This has been volatilewithin a margin of ± 1% to 2%.. A total 158,165 full time equivalent (FTE) jobsthroughout the regional economy are estimated tobe supported by construction in 2011. . The construction sector comprised 11,310enterprises in 2011. 11,155 were SMEs. Theirconstruction activities supported a further 12,773SMEs throughout the region - a total of 24,078being supported by construction supply chains.Source: ONS, Cebr modelling Direct GVA and employment contributions and total direct, indirect and induced impacts on the Welsh economy Year 2007 2008 2009 2010 2011 GVA (£m, constant 2010 prices) 3,144 2,848 2,551 2,572 Total GVA impact (£m, current prices) 8,381 7,900 7,064 6,948 Direct employment (FTE jobs) 62,255 60,773 63,495 63,872 65,435 Total employment impact (FTE jobs) 150,478 146,895 153,474 154,386 158,165

. Construction output declined sharply in 2009 by15% in real terms, but grew strongly by 18% in2010. The real decline in output between 2007 and2010 was less than 2% and is expected to havelead to a decline of just over 2% in the direct GVAcontribution of the industry to the region.. The volume of new housing grew by 6% in 2010,but only having fallen 13% in 2008 and 18% in2009. Public housing has been growing at anannualised rate of 29% in the period 2008-10. Whileprivate housing has been declining significantly, thepace of decline slowed in 2010.. The volume of new infrastructure grew by 55% in2008 but has cooled since, declining by close to 5%in 2009 and growing by 7% in 2010.. Employment in construction has declinedsignificantly, with an estimated 119,326 FTE jobs in the sector in 2011. This is 20% lower than its2008 peak. Economic contribution to SCOTLAND© Centre for Economics 8and Business Research Ltd, 2011 - 20 40 60 80 100 120 140 160 5,800 6,000 6,200 6,400 6,600 6,800 7,000 7,200 7,400 7,600 2007 2008 2009 2010 2011 GVA constant prices (£m, LHS) Full-Time Equivalents (FTE) ('000s, RHS) Real GVA and FTE jobs in Scotland Source: ONS, Nomis, Cebr modelling