Output grows by the fastest rate in two years as commercial work soars

By Tom Lowe2024-06-06T11:18:00

construction crane shutterstock_1199709856

Housing also returns to growth as market conditions improve

Construction activity accelerated last month as a rebound in commercial jobs drove the fastest growth in workloads in two years, according to a bellwether index.

The S&P Global UK construction Purchasing Managers’ Index (PMI) rose to 54.7 in May, up from 53 in April, the third consecutive month that the figure stood above the no-change mark at 50.

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