Construction activity and new orders increased in June 2024 but more slowly than in May as house-building slowed again. The headline S&P Global UK Construction Purchasing Managers’ Index (PMI) registered 52.2 in June, down from 54.7 in May, but above the 50.0 no-change mark for the fourth consecutive month. The[ More….]

The UK construction sector gained momentum during May, growing at its fastest pace for two years, the latest survey of industry purchasing managers indicates. Rising construction workloads prompted renewed expansions in purchasing activity and employment in May, while business confidence has also strengthened, it appears. Supply chain conditionsa have also[ More….]

The monthly survey of construction purchasing managers suggests reasons for optimism. The headline S&P Global UK Construction Purchasing Managers’ Index (PMI) remains in negative growth territory, at 49.7 for February (up from 48.8 in January), but only just below the 50.0 no-change mark and its highest level since August 2023.[ More….]

UK construction activity shrank again last month, for the fourth consecutive month, according to industry purchasing managers. The construction Purchasing Managers’ Index (PMI) for January 2024 registered 48.8, up from 46.8 in December and the highest reading since August 2023. However, any score below 50 means a decline in activity.[ More….]