Uk Construction Purchasing Managers’ Index

Output growth in the UK construction sector reaching its strongest since September 2014, according to new data.

The rate of input cost inflation throughout the UK construction sector picked up for the seventh month in a row to reach record levels.

The recovery in UK construction output gained considerable momentum in March, supported by robust rises in house building, commercial work and civil engineering.

Purchasing managers indicated a return to growth in February for the UK construction sector after lockdown had caused it to contract in January for the first time since last May.

Workloads in Scottish construction fell at a reduced rate at the end of last year compared to the previous two quarters, assisted by a rise in public housing and infrastructure workloads, according to the RICS Construction and Infrastructure Monitor, Q4 2020.

The UK construction sector held up well in December despite restrictions on activity in many regions, according to the latest monthly survey of purchasing managers.

Output in the UK construction sector sustained its recovery during November with the rate of expansion accelerating from the previous month, led by fastest rise in new orders since October 2014.

UK construction companies reported a sustained recovery in output volumes during October, but the rate of expansion was the slowest for five months, according to the latest survey of purchase managers.

Activity in the UK construction sector last month lost the momentum it had gained in July, according to the latest report from purchasing managers who cited economic uncertainty and a wait-and-see approach among clients.

UK construction companies signalled a sharp and accelerated expansion of business activity during July led by another strong increase in house building, according to the latest IHS Markit/CIPS UK report.

The phased return of work on construction sites across the UK resulted in a sharp turnaround in the performance of the sector last month with the fastest rise in activity for nearly two years.

Construction activity suffered a substantial weakening in April as coronavirus-related restrictions increasingly hampered activity and construction sites were closed.

Construction suffered its steepest drop in output for nearly 11 years in March as coronavirus-related restrictions increasingly hampered activity and construction sites were closed.

UK construction companies signalled a return to business activity growth during February, following a nine-month period of declining workloads.

UK construction firms have reported a boost from receding political uncertainty with business optimism rebounded to its highest since April 2018.