Housing slump sees construction output fall
Construction Enquirer
JULY 6, 2023
The index was dragged down by a steep decline in residential work. Housing work (index at 39.6) Aside from the lockdown-related fall in house building, the rate of contraction was the fastest since April 2009. decreased at the steepest pace since May 2020. A large blot on the landscape was the fall in employment growth.
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