UK construction companies indicated that the rebound in output levels indicated during the second quarter of 2013 was maintained into July. Moreover, the latest survey signalled that growth of both business activity and incoming new business accelerated sharply since the previous month. This in turn resulted in a solid increase in construction employment levels and the strongest degree of positive sentiment about future output since May 2010. At 57.0 in July, up sharply from 51.0 in June, the seasonally adjusted Markit/CIPS UK Construction Purchasing Managers’ Index® (PMI®) pointed to a robust and accelerated ... (full story)