Housing boost for construction as growth slows

5th January 2018

Demand for housing supported the construction industry in December, IHS Markit’s purchasing managers’ index (PMI) shows, although growth slowed. Residential property construction led the way with a score of 55.3, slightly down on the 56.6 recorded in November, while the commercial construction sector fell to 47.2, down from 48.4 in November, marking six consecutive months of falls. The overall reading for the PMI was 52.2, down from 53.1 in the previous month.

The Daily Telegraph (03/01/2018)