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09Aug91 UK: BUILDING EMPLOYERS CONFEDERATION'S STATE OF TRADE SURVEY REVEALS LARGER CONTRACTORS HAVE ONLY ONE YEAR'S WORK.

Large contractors will run out of work within a year while small firms' workload will last only three months.Those were the gloomy responses to the latest Building Employers Confederation state of trade survey.BEC chairman John Smith said: 'The construction industry is at the bottom of a recessionary trough.'Falls in interest rates have failed to revive the industry because fear of unemployment has hit confidence in the housing market, says the BEC.Housing was expected to pick up before ...

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