The number of UK sectors reporting falls in demand increased for a fourth successive month in August, according to the latest Bank of Scotland Sector Tracker.
Of the 14 sectors monitored, 11 saw new order demand fall – one more than in July and the highest number since June 2020.
Tourism and recreation (38 vs. 42.3 in July) saw the fastest fall in demand, as consumers continued to rein in discretionary spending.
