THE total volume of output in the UK's construction sector fell to its lowest level since 1999 in the third quarter of this year, according to official data.
THE total volume of output in the UK's construction sector fell to its lowest level since 1999 in the third quarter of this year, according to official data.
Custom byline text:
Greig Cameron Deputy Business Editor
The Office for National Statistics (ONS) said output was down 11.3% year-on-year and 2.6% from the second quarter as government spending cuts and a struggling housing market continued to take their toll.
Between the second and third quarter there were declines in seven of the nine sectors the ONS measures.
We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.
Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.