GlobalData: UK construction output plummets and will continue to worsen Visits : 155

GlobalData: UK construction output plummets and will continue to worsen

“Construction output saw its biggest decline in March, contracting by 5.9%, the largest monthly fall recorded since the monthly data series began in January 2010, despite the lockdown measures imposed by the government only affecting seven working days in the month of March. It is likely that the second quarter will see further sharp falls in output, with the worst of the pandemic’s impact yet to be seen.”