Output falls at the steepest rate for more than a decade

By Jordan Marshall2019-07-02T11:04:00

Construction buyers at their glummest since April 2009

The construction sector has been hit by its biggest fall in a decade, with business activity and new work orders both tumbling at their fastest rate since the last recession.

Respondents to the latest IHS Markit/CIPS construction buyers survey for June blamed the slide on jittery clients delaying decisions on jobs.

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