Construction slump levelling out as economy stabilises, Glenigan says

By Tom Lowe2024-06-04T11:22:00

Smaller project starts declining at a slower rate than before, according to latest data

A steady decline in new construction work over the last year is starting to level out as the economy continues to stabilise, according to new research.

Data provider Glenigan’s latest construction index for the three months to the end of May found the amount of work starting on site valued at £100m or less was 16% lower than a year ago.

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