Tag Archives: PMI

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 …

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 downturn in the UK construction sector showed signs of easing in May, according to the latest S&P Global UK Construction Purchasing Managers’ Index™ (PMI®). Output and new orders both fell at the slowest pace since January, while growth projections for the year ahead improved again. Employment remained weak, with …

Rising business uncertainty led UK construction activity to decrease for the fourth consecutive month, according to the latest S&P Global UK Construction Purchasing Managers’ Index™ (PMI®), which showed further declines in total order books and cutbacks to staffing numbers. At 46.6 in April, activity remained below the 50.0 no-change value, …

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 …

House building is still the weakest-performing part of the construction sector, which saw business activity expanding at the  slowest pace since last June, while new order growth slowed-up for the third month running. That’s according to the latest S&P Construction Purchasing  Manager’s Index (PMI), released today (January 7). The headline …

You can never plan the future by the past Depending on your point of view, you can get media validation for whatever you believe if you look hard enough and choose the right paper/website/radio show. A quick type of the sentence “Rayner planning reform December 2024” into the search string …

Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future. The phrase doing the rounds at the end of last year was “Survive ‘till ‘25” – loads of companies just thinking that, if they can hang on in there through the difficulties of …

Growth has accelerated in the UK construction sector with the second half of the year getting underway; July saw much faster increases in both activity and new orders , according to the headline S&P Global UK Construction Purchasing Managers’ Index™ (PMI), which rose sharply to 55.3 in July from 52.2 …