Commercial development activity [electronic resource] May 2009
Commercial development activity May 2009 [electronic resource]
- London Savills 2009
- Savills UK Commercial Development Activity PMI May 2009 .
Slowest decline in commercial development for fourteen months. The downturn in UK commercial development activity eased in April to its slowest for fourteen months. Moreover, the rate of contraction was much weaker than last November's record. The Total Commercial Development Activity Index posted -8.9%, up from -15.5% in March. However, the index has now remained inside negative territory for a year-and-a-half.
SAVILLS UK COMMERCIAL DEVELOPMENT ACTIVITY PMI
United Kingdom--
333.337 $2 18
Slowest decline in commercial development for fourteen months. The downturn in UK commercial development activity eased in April to its slowest for fourteen months. Moreover, the rate of contraction was much weaker than last November's record. The Total Commercial Development Activity Index posted -8.9%, up from -15.5% in March. However, the index has now remained inside negative territory for a year-and-a-half.
SAVILLS UK COMMERCIAL DEVELOPMENT ACTIVITY PMI
United Kingdom--
333.337 $2 18