Summer slowdown fears as latest contract award data droops

Contract awards and planning approvals in April were well below those seen in March according to the latest Snap Analysis from leading construction industry intelligence provider Barbour ABI.
Tom Hall, Chief Economist at Barbour ABI, said: “After a stellar performance for contract awards in March, activity was always likely to fall in April due to the Easter holidays and a new financial year, coupled with the high inherent volatility of the index.
“The question on everyone’s li