Commercial builders lead activity charge
28 August 2012
The commercial building sector saw the fastest growth in eight months, according to November'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 - rose to 56.7, up from 55 in October.
Commercial builders were the busiest for the fourth consecutive month, followed by housing. The civil engineering sector, at 51.1, maintained its recent marginal growth after a three-month fall...