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UK construction sector ends 2015 on a high note

Posted by Gary RK on January 6, 2016 at 5:58pm

Good, positive news.

"Commercial building in cities and chancellor’s £12bn pledge to boost infrastructure spending lifts industry’s outlook

Construction firms ended 2015 in party mood after a recovery in housebuilding during December.

According to the Markit/Cips UK construction purchasing managers’ index (PMI), housebuilders set aside a difficult year to invest more heavily in new plots after the general election created uncertainty over government policy.

Commercial building in UK cities also held up well to push the December index to 57.8, up from a seven-month low of 55.3 in the previous month, where a figure above 50 indicates an expansion in activity.

Full article here

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