Tag Archives: S&P

Construction decline slows marginally says S&P PMI

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Construction activity fell at a slower pace than in August, but total news orders fell at the steepest pace for three months, bringing business optimism down to its lowest point since May. That’s the headline results from the latest S&P Global UK Construction Purchasing Managers’ Index™ for September. Slower rates …

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Construction activity shows glimmer of improvement

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UK construction activity stablisised at the start of 2026, with January data pointing to a much slower rate of decline than at the end of last year, according to the latest  seasonally adjusted S&P Global UK Construction Purchasing Managers’ Index (PMI). The Index rose sharply to 46.4 in January from …

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Construction output falls at fastest pace for over five years

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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, …

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UK construction output slides further in April

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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, …

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PMI for March shows sustained downturn

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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, …

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Construction activity flops in February

low res builders on building site sstock

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 …

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UK Construction activity picks up

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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 …

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