Housebuilding growth flatlines amid economic gloom

Housebuilding

Purchasing managers report no growth in November as confidence nosedives to pandemic lows

Optimism among construction buyers sank to its lowest level for more than two years as worries about future workloads ripped into market confidence.

And fresh data out this morning said the amount of positive sentiment in the industry was at its lowest since December 2008 – when the industry was in the grip of the financial crisis.

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