Total Activity Falls for Sixth Month in a Row in Construction PMIs
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5 Articles
Total activity falls for sixth month in a row in construction PMIs
UK construction output declined slightly in the June PMIs, with reduced commercial and civil engineering work offsetting a rise in housing activity Latest headline S&P Global UK Construction Purchasing Managers’ Index or PMIs indicated a marginal reduction in total business activity during June, despite a return to growth in residential building work. Business optimism was further muted to the weakest degree in the sector for two and a half year…
Housebuilding rises as construction falls for sixth consecutive month: PMI – Mortgage Finance Gazette
Housebuilding was the only area of the construction industry to grow in June, as output in the sector fell for the sixth month in a row. Work on new homes came in at a mark of 50.7, according to the latest S&P Global UK… The post Housebuilding rises as construction falls for sixth consecutive month: PMI appeared first on Mortgage Finance Gazette.
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