Building sector on shaky ground with low confidence levels

2012-11-28 00:00

OVERALL confidence among participants in the building sector remained on distinctly shaky ground in the final quarter of this year, with little prospect of a revival in the new year.

“We’ve seen from the Reserve Bank’s leading indicator that the number of building plans passed remained weak. The lack of confidence among architects and quantity surveyers is an indication of what is yet to come.”

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