The construction Purchasing Managers’ Index (PMI) picked up in April, adding to the positive signs from other indicators that the economy is turning a corner.
Uk Construction Purchasing Managers’ Index
Housebuilding activity has dropped at its sharpest rate since May 2020 according to the latest data from the S&P Global / CIPS UK Construction PMI.
February’s construction Purchasing Managers’ Index (PMI) joined its services and manufacturing counterparts in signalling stronger activity in February following two months of decline.
UK construction companies reported another downturn in business activity during January, largely reflecting weaker client demand and fewer new projects starts in recent months.
The UK construction sector is now witnessing a contraction in activity that has affected other sectors after it ended a three-month sequence of growth in December. A similar trend was observed for new orders, which saw a renewed fall that was the strongest for over two-and-a-half years.
UK construction companies signalled a renewed slowdown in business activity growth during November, reflecting subdued demand and reduced risk appetite among clients, according to the UK Construction Purchasing Managers’ Index.
The UK construction sector gained momentum during October with total industry activity rising at the fastest pace since May, according to the S&P Global / CIPS UKConstruction Purchasing Managers’ Index (PMI), but new orders fell for first time since May 2020. The headline seasona
UK construction companies signalled a modest increase in business activity during September however the sector’s ability to continue growing still faces many challenges. Unlike the other sectoral surveys, September’s S&P Global / CIPS UK Construction Purchasing Managers’ Index
UK construction companies suffered a second straight month of contraction in the face of deep uncertainty about the outlook for the inflation-hit economy, a survey of purchasing managers showed today. The S&P Global / CIPS UK Construction PMI was at 49.2 in August, up fractionally from
UK construction companies signalled another loss of momentum in June as total business activity expanded at the weakest pace for nine months and new orders increased to the smallest extent since last October.
A marked and accelerated rise in housing activity has led to the fastest rise in construction output for eight months.
The UK construction sector marked 12 consecutive months of output growth last month, according to new data.
Growth in the UK construction sector slowed slightly during December but purchasing managers pointed to an easing in supply bottlenecks and inflationary pressure, according to the latest monthly data.
The fastest upturn in commercial work since July has helped the UK construction sector record the strongest rise in output in four months.
Business activity across the UK construction sector gained speed in October but growth remained much softer than the 24-year high seen in June, according to UK Construction PMI data released today.