Contractors won 61% less in commercial sector construction orders in cash terms in the 12 months to November last year than they did in 12 months to the end of 2007.

Here is a graph of orders won for all types of new work on a 12-month rolling basis.

The graph shows the volume of work at 2005 constant prices and the value in cash terms.

Roughly speaking, as the graph shows, construction firms are winning about a third less work now than at peak

The figures are taken from the today’s release of the new orders figures.