Construction output rose at its fastest rate for eight months in September according to Industry buyers. The latest Markit/ CIPS UK Construction PMI Index rose strongly to 64.2 from 64.0 in August as the headline figure posted above the 50.0 no-change threshold for the 17th month running. Commercial construction increased at the strongest pace since January while civil engineering output rose at its quickest rate for six months. Construction firms are highly upbeat about the business outlook with more than half (54%) expecting a rise in activity over the next 12 months and only 12% forecasting a fall.
Posted on: Thu, 02 Oct 2014 09:30:05 +0000
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