Contract awards fall but data centres to drive 2025
The construction industry posted a second consecutive month of falling contract awards in November according to the latest analysis by Barbour ABI.
Awards values were down 35% in November following a 36% fall in October – continuing a trend set since the election with contract awards down 29% between Q3 and Q4.
The drop included a 36% fall in residential projects to £1.6bn while infrastructure awards increased in November despite sitting 64% down from the 2024 average and being the t
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