UK construction PMI falls to 44.3 in August
S&P Global’s UK construction purchasing managers’ index fell to 44.3 from 44.7 in July, staying below 50.0 for a 20th straight month. The survey cited subdued demand and fewer new projects, especially house building.
The S&P Global construction purchasing managers’ index fell to 44.3 from 44.7 in July, coming in below the 50.0 mark that separates contraction from expansion for the 20th month in a row.Survey respondents pointed to subdued demand conditions and a reduction in new projects, especially house buildi…