Construction workloads still falling
Thursday, 28 May 2009
Construction workloads in the first quarter of this year continued to weaken according to new figures.

The latest construction market survey published by the Royal Institute of Chartered Surveyors shows that around 45% of surveyors reported a fall in overall workloads for the first three months of 2009 up from a net balance of -47%.

But both private and public housing saw a slight improvement in the number of surveyors reporting falling workloads, with 49% more surveyors reporting a fall than a rise in private housing, up from -66%, and 13% more surveyors reporting a fall than a rise in public housing, seven percent less than the previous quarter.

In the North, overall construction workloads saw a decline across all sectors however, at a slower pace than the rest of the UK with -41% more surveyors reporting a fall rather than a rise, up from -55% at the end of last year.