News - Midlands
Good news at last for construction sector
Construction workloads turned positive for the first time in two years within the West Midlands, says the latest RICS survey of the industry. Adrian Aston, RICS West Midlands spokesman, said: “The construction sector seems to be slowly lifting its head above the recession parapet but the continuing lack of development finance remains a major obstacle to a sustainable recovery with surveyors still pessimistic about future prospects. Concerns over likely cuts in public sector capital spending programmes will be another factor contributing towards the cautious stance of respondents to the survey.”