Tag: Markit

Construction industry confidence reaches ‘scorching hot’ heights

Construction sector output growth continued to rebound in June from its pre-election hiatus. The monthly survey of construction purchasing managers indicates another strong showing from the industry, with business confidence strengthening to its highest level for more than 10 years.

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Housing Construction has its sharpest rise since November 2003

The seasonally adjusted Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) registered 62.4 in July, down slightly from 62.6 in June but above the neutral 50.0 mark for the 15th successive month. Moreover, the latest expansion of overall construction activity was

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