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Commercial development activity December 2009 [electronic resource]

By: Language: English Series: Savills UK Commercial Development Activity PMI ; December 2009Publication details: London Savills 2009Subject(s): LOC classification:
  • 333.337 $2 18
Online resources: Summary: Commercial development continued to rise in November but the rate of growth eased to three-month low. Latest survey data from Savills signalled an increase in UK commercial development for the fourth month running in November. However, the pace of expansion eased from October's twenty-seven month high to the slowest since August. The Total Commercial Development Activity Index fell from +14.3% to +9.2%. Growth was largely confined to the private sector, as work on public sector projects declined slightly.

Commercial development continued to rise in November but the rate of growth eased to three-month low. Latest survey data from Savills signalled an increase in UK commercial development for the fourth month running in November. However, the pace of expansion eased from October's twenty-seven month high to the slowest since August. The Total Commercial Development Activity Index fell from +14.3% to +9.2%. Growth was largely confined to the private sector, as work on public sector projects declined slightly.

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