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UK Construction activity rises slightly in October, but optimism falls to lowest for almost five years

From markiteconomics.com

UK construction companies signalled that business conditions remained subdued during October. Output growth was largely confined to house building, which partly offset lower volumes of civil engineering and commercial activity. Moreover, the balance of construction firms expecting an increase in business activity over the next 12 months eased to its weakest since December 2012. Caution in terms of the outlook for construction workloads meant that employment numbers increased at one of the slowest rates seen over the past four years. At 50.8 in October, up from 48.1 in September, the seasonally adjusted IHS ... (full story)

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