Small project starts plummet as inflation fears resurface

By Tom Lowe2023-04-04T10:39:00

Source: shutterstock.com

Starts for projects valued at £100m or less fell by nearly half in the first quarter of 2023, study finds

The overall value of small project starts has plummeted over the past three months and is now nearly half what it was this time last year.

A new study by data provider Glenigan found construction starts of projects valued at £100m or less were 35% lower in March than in January, and 46% lower than 12 months ago.

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