Uk Construction Purchasing Managers’ Index

Output growth across the UK’s construction sector slowed considerably during last month after reaching a 29-month high during September, the latest PMI data has indicated.

Business activity growth across the UK construction sector during September accelerated to its fastest for nearly two-and-a-half years, according to new figures.

UK construction companies indicated a sustained rebound in total business activity in August, although the pace of expansion eased slightly since July, according to the S&P Global UK Construction Purchasing Managers’ Index (PMI).

Growth accelerated in the UK construction sector as the second half of the year got underway, with July seeing much faster increases in both activity and new orders during the month.

Growth in the UK construction sector gained momentum during May with activity and new business increasing at sharper rates than in April, according to the latest PurchasingManagers’ Index (PMI) report.

Solid rates of expansion in the commercial and civil engineering sectors have helped continue business activity growth for construction across the UK, according to the S&P Global UK Construction Purchasing Managers’ Index (PMI).

UK construction companies indicated a renewed increase in total industry activity during March, thereby ending a six-month period of decline.

February’s construction Purchasing Managers’ Index (PMI) of 49.7 came in ahead of expectations and was the highest for six months.

UK construction companies indicated a strong improvement in business activity expectations in January, with optimism reaching its highest level for two years despite anongoing decline in current output levels and a marginal fall in incoming new work.

Activity in the UK construction sector fell again in December, although the rate of decline eased to the slowest since the current phase of decline began last September.

UK construction companies have indicated a decline in business activity for the third consecutive month during November, led by another sharp fall in residential building.

Challenging business conditions within the UK construction sector persisted during October with business activity falling for the second month running amid a lack of new work to replace completed projects, according to new figures.

A reversal in fortunes for the UK construction sector has been revealed as total industry activity decreased for the first time in three months and at the fastest pace since May 2020, new data has revealed.

UK construction companies recorded a marginal increase in total business activity during August with growth in the commercial and civil engineering segments helping to offset a slump in house building.

Increased commercial building and civil engineering activity have driven the strongest rise in new UK construction orders since April 2022 but housebuilding fell at its steepest rate in three years, according to new figures.