UK construction sector contracts for ninth month in a row

UK construction sector contracts for ninth month in a row
 

An unexpected decline in housebuilding meant the UK construction industry contracted for the ninth month in a row in January.
The number of new homes built dropped 9% compared with the previous month, while public building fell 8.9% and construction of commercial property such as offices and shops declined by 3.9%.
Office and factory building was also hit as construction output, worsened by the collapse of the building contractor Carillion, decreased by 3.9% compared with the previous January, representing the biggest annual decline since March 2013.
Figures from the Office for National... read more

 
9 March 2018 in Business, Views: 49
Source: Guardian
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