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Malcolm Fleming: NZ Certified Builders CEO on construction activity hitting a ten year low
Published 2 weeks, 5 days ago
Description
New data highlights ongoing struggles in the construction sector.
An Infometrics report shows building activity fell 3.5% in the March quarter to its lowest level in 10 years.
Non-residential building is down 13.5% on the same time last year.
NZ Certified Builders CEO Malcolm Fleming told Francesca Rudkin the biggest drop's been in commercial construction.
He says a lot of jobs are coming to an end, and there are no big projects to replace them.
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