Does slump in work mean a double-dip recession?

It's tempting to see the latest UK construction market survey by the surveyors' body RICS as yet more evidence of a likely double dip in construction – however you want to define that.

And I'm not going to sit here and argue against that possibility. But there is a case for some cautious reflection before drawing too hard and fast a conclusion from the headline figures from the RICS survey.

To read the rest of this article at Brian Green's Brickonomics blog, click Brickonomics blog