Construction workloads decline as outlook dims across most sectors
Construction News (UK)
AI Article Summary
Construction activity in the UK has continued to decline according to the latest RICS market survey. The forward-looking indicators suggest a more subdued future for most sectors. The overall workloads indicator fell to a net balance of -8 percent.
What This Means for Canadian Contractors
For Canadian builders, this means monitoring the UK's construction trends can offer early warnings for potential market shifts. Any similar trends in Canada could impact construction permits and project timelines, influencing investment strategies. It highlights the importance of flexibility in workforce and supply chain management.
