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    Contractors are bagging a third less new work than at peak

    2009-10-01T11:47:00Z

    The latest new orders figures provide a sobering injection of reality after the barrage of "it's okay the recession is over" talk that seems rife.Yes the rate of collapse has slowed. But it's the level that really matters at the moment.Forgetting seasonal adjusted constant price measures, if we compare the ...