Construction growth slows in January
28 August 2012
Activity in the UK construction industry grew strongly again in January, according to the latest PMI figures.
The headline purchasing managers' index (PMI) - a composite indicator of economic conditions compiled by CIPS and NTC Research - slipped to 56.3, from 59.2 in December, as companies reported delays between finishing previous contracts and starting work on new ones.
The housing sector was still the best performer and companies reported buoyant demand for new...