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UK construction workload decline eases in Q2, says RICS
['Matthew Davies']
Construction News
Infrastructure remained the most resilient sector in terms of workloads, the RICS monitor said, with most of the different sub-sectors recording improvements.
Energy came out best with a net balance of +39 per cent (up from +24 per cent in Q1).
Private housing remained the weakest sector for workloads, with the RICS monitor showing a net balance of -12 per cent.
Infrastructure once again led the way, with a net balance reading of +34 per cent, compared with +19 per cent in Q1.
The RICS monitor also noted a solid improvement in forward-looking readings regarding credit conditions.