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United Kingdom S&P Global/CIPS Construction PMI came in at 46.4, below expectations (46.7) in March

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Mortgage Finance Gazette

Construction output slides for third consecutive month: PMI – Mortgage Finance Gazette

Construction output fell for the third month in a row in March as firms complained of “a sustained downturn in business activity, alongside pressure on margins from sharply rising input costs,” according to S&P Global. The survey posted a 46.4 mark in March, up… The post Construction output slides for third consecutive month: PMI appeared first on Mortgage Finance Gazette.

2 days ago

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perspectivemedia.com

UK construction firms shed more staff amid concerns over economy

It came as the commercial construction sector declined at its sharpest rate since the start of 2021, according to new data. Britain’s construction firms cut jobs at the fastest rate for four years last month as the sector’s downturn in activity continued, according to new figures. It came as the commercial construction sector declined at its sharpest rate since the start of 2021, amid concerns over the UK economy and global uncertainty. The late…

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Planning & Building Control Today

S&P March 2025 PMI shows yet another contraction in activity

Construction activity has declined for the third month running with still no sign of relief for the industry The S&P March 2025 PMI’s headline figure reads 46.4, marginally up from February’s 44.6, but still below the 50.0 mark. In spite of this slight recovery, the report still does not bode well for most sectors. Civil engineering saw the largest fall in the S&P March 2025 PMIs Civil Engineering saw an index figure of 38.8, marking its largest…

2 days ago

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