-
Survey-record decline in UK construction work amid site closures due to COVID-19 pandemic
April data indicated by far the fastest decline in UK construction output since the survey began 23 years ago. The vast majority of survey respondents (86%) reported a reduction in business activity since March, reflecting widespread site closures and shutdowns across the supply chain in response to the public health emergency. The headline seasonally adjusted IHS Markit/CIPS UK Construction Total Activity Index fell from 39.3 in March to 8.2 in April, to signal a rapid downturn in overall construction output. Moreover, the latest reading was the lowest since data were first collected in April 1997. The previous ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- May 6, 2020 4:44am May 6, 2020 4:44am
- seaman2
- | Joined Feb 2013 | Status: Member | 629 Comments
- Comment #2
- Quote
- May 6, 2020 7:22am May 6, 2020 7:22am
- NewtonsCash
- Joined Mar 2014 | Status: Member | 2586 Comments
- Comment #3
- Quote
- May 6, 2020 7:34am May 6, 2020 7:34am
- RossEdwards
- Joined Jun 2019 | Status: Member | 3299 Comments
Warning: A Dangerous Subversive: 1% of comments CoCed
- Comment #4
- Quote
- May 6, 2020 8:31pm May 6, 2020 8:31pm
- bartholemew
- | Joined Apr 2014 | Status: Member | 46 Comments