Tag Archives: downturn

There was a further steep decline in UK construction output in May, according to the S&P Global UK Construction Purchasing Managers’ Index™ (PMI®), released today (June 4) which fell at the fastest pace for six years. At the same time, higher energy, fuel and transportation costs led to the fastest …

  I have a mind to strike thee ere thou speak’st”. “Gracious madam, I that do bring the news made not the match”. The itinerary for next month’s NMBS Conference in Benidorm (I can read a map, deal with it) came through to my inbox last week. Lots of lovely …

Construction activity is likely to contract 2.5% in 2026, according to the Construction Products Association. Unsurprisingly, much of this is down to the current conflict in the Middle East and its potential impacts on the UK economy and construction industry. The CPA’s latest set of forecasts, released this morning (May …

The UK construction sector saw its sharpest decline in more than five years in October, thanks to weakening order books, political uncertainty, and client caution. The latest data from the S&P Global UK Construction Purchasing Managers’ Index™ showed that total construction output contracted at the fastest rate since May 2020, …

The sharpest pace of job losses since October 2020, drops in new orders and lower volumes of construction output for three consecutive months took the headline S&P Global UK Construction Purchasing Managers’ Index™ (PMI®) to 46.4 in March. Although this was up from a 57-month low of 44.6 in February, …

There was a steep decline in both housing and civil engineering activity during February, according to the latest  S&P Global UK Construction Purchasing Managers’ Index™. It was the fastest downturn in construction output since May 2020, with cost inflation accelerating to the highest since March 2023. Total industry activity registered …