Builders enjoy strong end to 2004
28 August 2012
The UK construction sector enjoyed the strongest growth in eight months at the end of 2004, according to December's purchasing managers' index (PMI) report.
The total industry PMI - a composite indicator of overall sector conditions, in which 50 indicates no change on the previous month - continued its recent rise to reach 57.2, up from 56.7 in November.
Only the civil engineering sector, where companies reported delays in government funding for projects, showed a fall in activity, but activity in the housing and...