Double Dip Recession ? (20/01/2011)

According to research carried out by market research company "Leading Edge" public sector cuts will cause a double dip recession in the construction sector in 2011...."We expect to see major falls in output in most public sectors, including new build and repair & maintenance, as the new government's cuts start to bite...However, we forecast that all private sectors, especially infrastructure, will see output grow in 2011. These gains will offset some of the falls in the public sectors".

Source CFJ Jan 2011


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