The trade body for small and medium sized builders fears government policies have forced the industry back into a double-dip recession.
It also dismisses positive industry output figures as “mainly attributed to companies scrambling to finalise deals before the government axe could fall.”
The NFB statement said: “The government appears to be taking a shotgun approach to policy relating to construction and to housing by floating ideas and seeing what sticks.
“In much the same way as Gordon Brown redefined the word ‘prudence’, this government has redefined the phrase from the emergency budget ‘no more capital spending cuts’ to mean ‘we are now cutting the £55 billion Building Schools for the Future programme’.
“The construction industry has been subjected to a death by 100 cuts over the first 100 days, undervaluing the positive contribution it makes to our living environment and to the UK economy.”