Housing drags down construction sector in March

According to the latest CIPS data, the headline UK Construction Purchasing Managers’ Index (PMI) fell to 50.7 in March, down from 54.6 in February. House building was the weakest performing area at 44.2 (down from 47.4 last month) recording the fastest decline in housing activity since May 2020. Civil engineering boosted the sector showing the…

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