The RIBA Future Trends Workload Index dropped significantly last month, falling to +15 in December2015, down from +27 in November. Thisfurther dip in our headline index confirms that the overall direction of travel over the second half of 2015 has been one of increasing caution. Yet the fall was largely due to falling confidence in Scotland, and the Index remains in firmly positive territory overall, and work in progress continues to grow, albeit at a more modest pace than in 2014 and the first half of 2015. It is also the case that we generally witness a small cyclical reduction in ourforecasts in November/ December as the number of new enquiries received by practices slows at this time of year.
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