Challenges in the UK construction sector continued through October, according to the headline S&P Global / CIPS UK Construction Purchasing Managers’ Index™, a seasonally adjusted index tracking changes in total industry activity. Business activity fell for the second month running, amid a lack of new work to replace completed projects. …
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The UK’s construction sector recorded a fall in activity in December 2022, with the rate of decline the fastest since May 2020. New orders fell at the fastest rate for over two-and-a-half years and optimism for the year ahead dipped into negative territory for only the sixth time on record. …
Read More »Britain’s construction sector extended its robust recovery from earlier COVID lockdown restrictions in December, a survey showed on Thursday, helping the broader private-sector economy eke out modest growth. Housing was the biggest driver of construction growth, reflecting the boost to builders’ confidence from a surge in prices and property purchases …
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The construction sector saw a very slight increase in October from September, edging above market expectations. That’s according to the IHS Markit/CIPS UK Construction PMI which rose to 44.2 in October 2019 from 43.3 in the previous month. The latest reading remained close to the ten-year low seen in June, …
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A continuing increase in UK housebuilding was not enough to offset a decline in UK construction companies’ output during May, according to the latest monthly statistics from the IHS Markit/CIPS UK Construction Total Activity Index. A renewed decline in total business activity during May included lower volumes of commercial work …
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The commercial new build sector is behind a continuing fall in construction output according to the latest monthly IHS Markit/cps index. Although the headline figure, at 49.7 was up fractionally from the 49.5 posted in February, it still falls below the crucial 50.0 no-change marker. Business activity dropped to its …
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The UK construction market was higher in July 2018 than in June, showing the fastest increase in residential work for just over two-and-a-half years. That’s according to the latest seasonally adjusted IHS Markit/CIPS UK Construction Purchasing Managers’ Index® (PMI®). New business was up, which increased employment levels and confidence, and, …
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Latest PMI data signalled only a modest improvement in UK construction activity midway through the second quarter, with the pace of expansion matching that registered in April. Commercial activity growth accelerated to a three-month high in May; however, softer expansions in both residential and civil engineering activity were recorded. Furthermore, new order books contracted for the fourth time …
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