Summer slump sees main contract awards fall by 37%

By Tom Lowe2023-09-19T12:00:00

Source: Shutterstock

Most sectors saw fewer starts than a year ago, gloomy Glenigan report finds

Construction was hit by a slump over the summer with main contract awards diving by 37% in the three months to August, new research has found.

The number of main contracts signed during the summer months was 27% lower than the same period last year, according to the report by data provider Glenigan.

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