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16 Jul
20:20

US construction proposals fall to 10-year low

US construction proposals fell in the second quarter to their lowest levels in a decade, says a report by PSMJ Resources, Kallanish reports. According to the company's Net Plus/Minus Index (NPMI), which measures proposal activity for construction firms, proposals have fallen -22% in Q2. This is a significant decline from the 17% growth for the index seen in Q1. The submarket with the least amount of Q2 proposal activity was the service sector, which saw resta…
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