Civil engineers bounce back
29 August 2012
Civil engineering companies enjoyed a rise in activity for the first time this year, according to February'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 - was 54.2. Despite the robust result, this is the weakest growth in seven months.
The civil engineering activity index rose to 52.6, from 47.4. Although growth was slower in the housing and commercial sectors, both remained well...