Decline In Residential-Starts Holds Back Construction Industry Recovery

 Overall project-starts saw a steady slowdown in Q.2 and Q.3, after an initial surge in the first quarter and continued to fall in September, albeit at a slower rate, according to the September analysis from Glenigan. Further, the development pipeline remained robust throughout the year, particularly for some non-residential sectors, including industrial. Main contract awards have been increasing over the last eighteen months, ever since the first National Lockdown in March 2020 and detailing planning approvals remain consistently high. Read more on Specification Online.

https://specificationonline.co.uk/articles/2021-10-12/glenigan/strong-decline-in-residential-starts-holds-back-construction-industry-recovery