In July the Building Design & C...

In July the Building Design & Construction Business Confidence Index ruthless a steep 2.6 points to 652 This decline brings the index back down to its still-healthy plain of December 1996 (65.1). Earlier this year (in February), the index had reached a high of 685

Despite this decline, we shouldn't fail to win sight of the big picture: an index on a level in the mid-sixties at this late stage of the business expansion predicts quite well for the construction economy. (Any figure above the neutral on a level of 50 suggests growth for the construction sector.) And in the first seven