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Birmingham Post
Birmingham Post
Business
Sion Barry

Expansion of Welsh construction sector showing signs of slowing

Despite strong workloads expansion of the Welsh construction sector is slowing as skills, costs and credit conditions weigh on firms, shows new research.

According to the RICS Construction & Infrastructure Monitor for the a net balance of plus 28% of construction firms reported a rise in workloads in Q2 of this year, down from plus 40% in Q1.

Whilst all sub-sectors were reported to still be experiencing solid growth, there was a slowdown across the board relative to Q1.

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