Uk Construction Purchasing Managers’ Index

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.

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.