‘Dire’: Rapid decline in construction as sector slashes jobs

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A rapid decline in construction companies’ activity has forced bosses to cut employment, according to new data.

S&P Global’s construction purchasing managers’ index (PMI) showed that business activity declined at the fastest pace for six years.

Putting the pandemic aside, the decline in construction output was the lowest since March 2009.

The PMI reading was https://www.cityam.com/dire-rapid-decline-in-construction-as-sector-slashes-jobs/">[...]

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