Industry News
UK Construction Firms Stuck in Longest Slump Since Before Covid
UK construction firms are suffering their longest downturn since just before the pandemic after a fresh slump in housebuilding, according to a closely watched survey.
S&P Global’s construction purchasing managers’ index registered 45.5 in August, a small improvement on July’s five-year low of 44.3 but still indicating a significant contraction. It was slightly better than economists’ expectations of a rebound to 45.
Other News
Discover What's Happening
Construction Leadership & Industry Insights, Straight to Your Inbox
Explore our newsletters
Join our Newsletter to receive the latest industry trends, expert tips, and exclusive insights delivered straight to your inbox!
.png)
