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15 May
22:23

US construction profit margins fall, activity level rises

Profit margins for contractors in the domestic US construction industry have fallen to similar levels as seen during the mid-pandemic, Kallanish gathers from the latest Royal Institute of Chartered Surveyors' (RICS) global construction monitors report for Q1. However, the RICS' activity index suggests that many contractors remain mostly optimistic as global construction activity has reached its highest level since the beginning of 2022. According…
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