UK construction 2020 outlook improves following December dip
U.S., Jan. 6 -- The IHS Markit/CIPS UK Construction Total Activity Index suggests the state of the construction sector could improve over the coming months, following a sharp reduction in activity in December.
Survey respondents attributed the latest drop in their workloads to political uncertainty and subdued client demand ahead of the general election. At 44.4 in December, down from 45.3 in November, the headline seasonally adjusted IHS Markit/CIPS UK Construction Total Activity Index registered below the crucial 50.0 no-change value for the eighth consecutive month. The current period of falling business activity across the construction sector is the longest recorded by the survey for almost a decade.
Latest data also revealed a shar...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.