Construction sector faces 'very difficult year'

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Published by Max Salsbury for 24dash.com in Housing and also in Development

The construction sector suffered a poor final quarter to 2012 - and faces a very difficult year ahead. The latest Construction Trade Survey, published today, shows that declining output and orders on the demand side, combined with rising costs on the supply side ensured that 2012 ended badly for the sector. And though large firms, especially those working in infrastructure, have reported improving conditions, the bulk of the sector is facing a very difficult year ahead. Noble Francis, Economics Dire...

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