The Q2 2017 RICS Construction & Infrastructure Market Survey has highlighted a reduction in total workloads, to 21% from 27% in Q1. Private commercial and industrial segments have seen a significant slowdown. In the first quarter of 2017, construction activity fell by 0.4%, while non-residential fixed investment was down 2.2%.
The Q2 2017 RICS Construction & Infrastructure Market Survey has highlighted a reduction in total workloads, to 21% from 27% in Q1. Private commercial and industrial segments have seen a significant slowdown. “Brexit uncertainty has negatively affected decisions to commission new projects”, said Richard Petterson of Hother Associates in London.