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On the mend

By: Language: English Series: Building Market Report ; May 1994, 6-7(2)Publication details: 1994Subject(s): Summary: In contrast to earlier recessions, the last fall in building orders was exacerbated by a concurrent reduction in repair, maintenance and improvement work. As output fell by more than double the rate for new-build, repair work was unable to provide the traditional engine for recovery. Statistics quantify the market collapse.

In contrast to earlier recessions, the last fall in building orders was exacerbated by a concurrent reduction in repair, maintenance and improvement work. As output fell by more than double the rate for new-build, repair work was unable to provide the traditional engine for recovery. Statistics quantify the market collapse.