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Construction begins 2002 on back foot

Series: RICS Press Release ; (pr001) 3 December 2001, (2)Publication details: 2002Subject(s): Summary: RICS Construction Survey 4Q 2001 confirms that construction activity and profit expectations have cooled across the sector. Chartered surveyors reported the first decline in construction workloads since the beginning of 1996. Workload, employment and profit expectations have all deteriorated. However, the latest survey from the Chartered Institute of Purchasing and Supply indicates UK construction industry activity increased in December 2001 at a faster pace than in November.
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News article London News article WB3801-08 (Browse shelf(Opens below)) 1 Available 116182-1001

RICS Construction Survey 4Q 2001 confirms that construction activity and profit expectations have cooled across the sector. Chartered surveyors reported the first decline in construction workloads since the beginning of 1996. Workload, employment and profit expectations have all deteriorated. However, the latest survey from the Chartered Institute of Purchasing and Supply indicates UK construction industry activity increased in December 2001 at a faster pace than in November.