Uk Construction Purchasing Managers’ Index

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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.

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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.

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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

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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

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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.

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The recovery in UK construction output gained further momentum during June, according to the latest PMI data which saw overall activity expand at the fastest pace since June 1997.

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