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Slight drop in value of contract awards in October but activity remains strong, says Barbour ABI

Slight drop in value of contract awards in October but activity remains strong, says Barbour ABI

The total value of construction contract awards in October 2020 was GBP4.9 billion based on a three-month rolling average. This is a decrease of 9.4 per cent on September and follows three consecutive months of good growth. Annual comparisons show it as 1.1 per cent lower than for October 2019.