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Construction sector continues downward spiral – Business Express
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Construction sector continues downward spiral – Business Express

The construction sector has continued its rampant decline with a weak pipeline and poor results for August 2023, research firm Simonis Storm has said. The number of approvals decreased by 8.0% m/m, translating to a 15.7% y/y decrease in August 2023. In essence, 2023, on average, records the lowest plans approved since 2020 which signals...