No hope of recovery
No hope of recovery
- 1991
- Contract Journal vol 358 no 5824 6/6/91 p9 .
Workload is falling sharply and - because falling demand causes weak prices - the profit downturn for construction work will not be just `sharp` but `calamitous` according to stockbroker County NatWest WoodMac . The lead time between orders and output is such that it will take until 1993 before there can be an increase in annual output.
CONSTRUCTION INDUSTRY
FORECAST
SUPPLY AND DEMAND
Workload is falling sharply and - because falling demand causes weak prices - the profit downturn for construction work will not be just `sharp` but `calamitous` according to stockbroker County NatWest WoodMac . The lead time between orders and output is such that it will take until 1993 before there can be an increase in annual output.
CONSTRUCTION INDUSTRY
FORECAST
SUPPLY AND DEMAND