Steady growth in UK construction industry
29 August 2012
Activity in the UK building industry rose for the 44th consecutive month in July, according to latest purchasing managers' index (PMI) report.
The overall PMI - a composite indicator of overall sector conditions, in which 50 indicates no change on the previous month - was 54.7, down from June’s six month high of 55.8 but still indicative of solid growth, the report said.
And all three main construction sectors - commercial, civil engineering and housing - posted higher levels of activity, with the...