RICS construction survey adds to grim news for the industry
The latest construction survey from the surveyors’ body RICS adds more weight to the forecasts that the industry is tipping into recession. The figures show that while 19% of firms increased work in the third quarter of this year 20% saw workloads fall, providing a net balance of -1%. Basically that’s flat and on the RICS measure the industry has been pretty much hovering between a rise and a fall for the best part of two years since it pulled…