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Fastest expansion of UK construction output since February 2023
Business activity growth gained momentum across the UK construction sector in April, largely due to solid rates of expansion in the commercial and civil engineering segments. Near-term prospects remained relatively positive, as new work increased for the third month running amid reports of a boost to sales from improving domestic economic conditions. Supplier lead times meanwhile shortened to the greatest extent in 2024 so far, which survey respondents linked to rising materials availability and relatively soft demand for construction inputs. At 53.0 in April, up from 50.2 in March, the headline S&P Global UK ... (full story)
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- Posted: May 7, 2024 4:32am
- Submitted by:Category: Medium Impact Breaking NewsComments: 0 / Views: 2,333
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