February Specifier Article - Construction activity shows January uplift
Construction activity shows January uplift
A small glimmer of hope for Britain’s struggling construction sector emerged today after figures revealed it contracted at a slower pace in January, with an improvement in activity across the sector.
The purchasing managers’ index (PMI) which measures activity in the construction industry rose to 34.5 in January from a record low of 29.3 in December.
Howard Archer, chief UK and European economist at IHS Global Insight said that while activity continued to shrink in January, it showed “some very welcome improvement from December’s record low”.
Click here to read the full article
