Project starts slump 17% in second quarter

By Tom Lowe2021-07-27T05:00:00

Glenigan review finds that planning approvals are also down by 14% compared to preceding three months

The value of project starts crashed by 17% in the second quarter of this year compared to the preceding three months in early signs of trouble for the industry, a new report has found.

The number of planning approvals also dropped by 14% compared to the first quarter of 2021, and are down 9% on last year, according to information provider Glenigan’s July construction review.

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