06-01-2023 11:29 via constructionenquirer.com

Buyers report construction “stuck in the mud”

Construction buyers reported a fall in business activity during December as new orders also dropped at the fastest rate for over two-and-a-half-years.
The bellwether S&P Global/CIPS UK Construction Purchasing Managers’ Index was 48.8 in December, down from 50.4 in November and below the crucial 50 no change mark for the first time since last August.
Commercial construction was the only rising sector at 50.3 on the index while civil engineering and house building contracted at 46.8 and
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