Construction returns to growth despite lingering concerns over margins

By Tom Lowe2024-04-05T11:45:00

Improving economic conditions see output increase after six month lull, according to latest PMI data

Construction returned to growth in March after six months of falling output despite lingering worries over margins and risk averse clients.

New orders expanded at the fastest pace since May 2023 amid growing signs of an improving economic outlook, according to the S&P Global/CIPS UK construction Purchasing Managers’ Index (PMI).

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