Cracks Are Deep but the Tees Valley Is Hoping to Build Its Way Out of Recession ; Sector Focus: Construction Industry
Evening Gazette › January 21, 2009
Linked as:
Summary
THE year 2008 was annus horribilis for Tees Valley's shaken construction industry.
As the UK economy collapsed into recession on the back of property's busted flush, housebuilders were among the first to get rumbled in the second half of 2007.See the full content of this document
Extract
Cracks Are Deep but the Tees Valley Is Hoping to Build Its Way Out of Recession ; Sector Focus: Construction Industry
Throughout 2008, tight cashflow and declining orders shook the foundations of the wider construction industry as it recorded its worst performance in recent memory.
Government figures showed that in the three months to November, new orders fell by 27% on the same period in 2007, whi...See the full content of this document
Sponsored links
