Posts Tagged ‘economy’
Construction industry continues to lose momentum amid Brexit fears
The UK construction industry is continuing to lose momentum in the economy amid Brexit fears. Growth in the sector has slowed a 10-month low in growth in January of 2019. A drop in the IHS Markit/CIPS UK Construction Purchasing Manager’s Index went to 52.8 in December, from 53.4 in November. This has since dropped even further to…
Read MoreGrowth in construction sector in Q2 of 2018
The latest release from the Office for National Statistics (ONS) has shown recovery in the construction industry, with output increasing 3.3% in the three months to July. This follows a weak start to the year caused by the fall of Carillion, bad weather and Brexit uncertainty. After the fall in construction output at the start of 2018 caused by the Beast…
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