construction stress

Construction industry heading towards tipping point

9th January 2023 Commercial Credit Management | #construction stress

According to the latest PMI data by IHS Markit and CIPS, the headline construction PMI dropped below 50 to 48.8 in December 2022, down from 50.4 in November 2022, continuing the previous downward trend, with activity and new work declining at the fastest rate since May 2020. New orders also fell to 48 in December,…

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construction stress

Construction industry heading towards tipping point

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