Commercial development activity [electronic resource] April 2009
Commercial development activity April 2009 [electronic resource]
- London Savills 2009
- Savills UK Commercial Development Activity April 2009 .
Recession in commercial activity continued to ease in March. In March the Total Commercial Development Index rose to -15.5 from -20.4 in the previous month. Despite pointing to a steep reduction in activity, March's reading was the highest in just over one year. Commercial development in the private sector declined at a slightly slower rate than public sector activity. Rates of contraction were slower than in February.
SAVILLS UK COMMERCIAL DEVELOPMENT ACTIVITY PMI
United Kingdom--
333.337 $2 18
Recession in commercial activity continued to ease in March. In March the Total Commercial Development Index rose to -15.5 from -20.4 in the previous month. Despite pointing to a steep reduction in activity, March's reading was the highest in just over one year. Commercial development in the private sector declined at a slightly slower rate than public sector activity. Rates of contraction were slower than in February.
SAVILLS UK COMMERCIAL DEVELOPMENT ACTIVITY PMI
United Kingdom--
333.337 $2 18