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Construction in recession, says RICS

Language: English Series: RICS Press Release ; (PR106/96CON) 4 September 1996 (3)Publication details: 1996Subject(s): Summary: The construction industry is now in recession, with a further 40,000 job losses expected this year, says RICS. But RICS expects construction output to rise in the next 12 months.

The construction industry is now in recession, with a further 40,000 job losses expected this year, says RICS. But RICS expects construction output to rise in the next 12 months.