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Commercial development activity May 2009 [electronic resource]

By: Language: English Series: Savills UK Commercial Development Activity PMI ; May 2009 Publication details: London Savills 2009Subject(s): LOC classification:
  • 333.337 $2 18
Online resources: Summary: 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.

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.

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