Activity in the Scottish construction sector continued to fall at the end of last year, as financial constraints and a challenging economic environment hit the industry.
A net balance of -7% of Scottish respondents to the Royal Institution of Chartered Surveyors (RICS) survey said that workloads fell, compared to +10% in the third quarter. In the UK as a whole, workloads were reported to be flat.
This trend of a slowdown in activity corresponds with a negative outlook from Scottish surveyors too, with -12% of respondents expecting that workloads will fall over the next 12 months, down from -1% in the third quarter and +25% in the second.
