UK construction companies signalled a return to business activity growth during February, following a nine-month period of declining workloads.
Uk Construction Purchasing Managers’ Index
UK construction firms have reported a boost from receding political uncertainty with business optimism rebounded to its highest since April 2018.
The UK’s construction sector suffered another sharp reduction in construction output last month as political uncertainty and subdued client demand led to a downturn across all three broad categories of activity.
UK construction companies recorded another drop in business activity during November; however the pace of decline moderated to its slowest since July.
The latest monthly survey of construction purchasing managers has pointed to a sustained decline in UK construction output, with overall volumes of work falling for the sixth consecutive month.
Building activity has fallen at the second-fastest rate since April 2009, new figures have revealed.
The Federation of Master Builders (FMB) has called on the UK Government to bring an end to the threat of ‘no deal’ after new data found that construction output has contracted for the fourth month in a row and new orders fell at the fastest pace for over ten years.
Output in the UK construction sector declined for the third month running in July as lower volumes of work were recorded across all three broad categories of activity.
Activity in the UK construction sector declined for the second month running in June, with house-building experiencing its sharpest drop for three years and new orders shrinking as political uncertainty hits client confidence.
Activity in the UK construction sector fell back into negative territory last month as the sector recorded the sharpest drop in workforce number since November 2012.
The Federation of Master Builder (FMB) has called on the UK Government and Parliament to break the Brexit deadlock and find a way forward after new figures revealed another drop in construction output. The March 2019 data from IHS Markit/CIPS revealed a UK Construction Total Activity Index
Activity in the UK construction sector declined in February 2019 for first time in 11 months. The IHS Markit/CIPS UK Construction Total Activity Index registered 49.5 in February – the first time it has dipped below the 50 no-change mark since March 2018.
The Federation of Master Builders (FMB) has blamed rising costs and uncertainty relating to Brexit after new figures disclosed a sharp drop in output growth in January 2019. Published this morning, the January PMI data revealed a fall from 52.8 in December to 50.6 in January, against the neutral rea
UK construction firms indicated a disappointing end to 2018 as business activity growth eased to a three-month low and new orders expanded at a relatively subdued pace, though there was an uplift in optimism. The main bright spot was a sustained rebound in civil engineering activity, which rose at t
The construction sector defied all expectations last month to record a “solid expansion” of overall output with job creation accelerating to its fastest since December 2015. Despite Brexit worries continuing to hold back business confidence, the Markit/CIPS UK Construction purchasing man