A summary of last month’s data from the IHS Markit/CIPS UK Construction PMI® revealed that construction activity rose slightly in October, but optimism fell to its lowest for almost five years.
Other key findings include:
- Marginal upturn in construction output, led by housing activity
- Civil engineering and commercial building decline again in October
- Confidence regarding 12-month outlook drops to weakest since December 2012
To view the full report, click here.