Construction still in decline in PMI August 2025

Commercial building had an index of 47.8, the smallest decline in 3 months, indicating resilience, but a decline nonetheless. Residential construction, on the other hand, dropped to 44.2 in the sharpest fall since February. The lowest indexed sector by far was civil engineering at 38.1 and its fastest drop since October 2020.

Both new work and employment dropped, with new work declining at the slowest pace since January, but employment dropping at the fastest rate since May. Survey respondents cite market conditions, price competition, and UK economic activity causing the need for hiring freezes and cost-cutting moves.

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