-
UK Construction sector performance rebounds in December, led by commercial building activity
UK construction companies ended 2015 with a robust and accelerated expansion of overall business activity, thereby indicating a rebound from the slowdown recorded in November. The headline seasonally adjusted Markit/CIPS UK Construction Purchasing Managers’ Index® (PMI® ) registered 57.8 in December, up from a seven-month low of 55.3 in November. Higher levels of construction output have been recorded by the survey since May 2013, but the overall rate of expansion remained slightly weaker than seen on average over this period. Commercial construction remained the best performing sub-category of activity in ... (full story)