The challenging economic outlook has prompted a further drop in confidence in the Scottish construction sector, according to a new quarterly survey of 700 member firms from the Scottish Building Federation (SBF).
The confidence barometer has dropped by nine points since the previous quarter and now stands at negative 28 – six points below where it stood at the beginning of 2011.
Two out of three Scottish building firms responding to the survey predict publicly-funded construction activity will contract in 2012. One-third expect construction employment to fall, outnumbering those predicting a rise by a factor of more than three to one.
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