–New Orders Hit 4 1/2-Year High; Confidence Also Improves
LONDON (MNI) – UK construction sector output expanded at its
fastest pace for 21 months and new orders hit a four-and-a-half year
high, according to the latest Markit/CIPS construction sector PMI.
The seasonally adjusted Markit/CIPS Construction Purchasing
Managers’ Index PMI posted 56.7 in March. Up from 54.3 in February, the
index has now posted above the 50.0 no-change threshold in each month
since January 2011.
–London newsroom: +44 207 862 7491; email: ukeditorial@marketnews.com
[TOPICS: MABDS$,M$B$$$]
