Construction Liquidations January 1994 – June 2023

July 25, 2023

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Construction Liquidations January 1994 - June 2023

Total liquidations in the construction industry fell by 44 percent y-y in the 2nd quarter of 2023, mainly due to a slowdown in voluntary liquidations. Compulsory liquidations, representing 26 percent of total construction liquidations in the first six months of 2023, rose 50 percent y-y during the 2nd quarter.