UK construction companies remained in recovery mode during August, with business activity and employment levels both expanding at a strong pace. There were also some encouraging signs that strains on raw material availability have started to subside, as highlighted by the slowest deterioration in vendor performance for just over three years in August. Survey respondents noted that rising levels of supplier capacity, alongside lower fuel and energy costs, had helped restrain overall input price inflation in August. The headline seasonally adjusted Markit/CIPS UK Construction Purchasing Managers’ Index® (PMI® ) ... (full story)