Buyers report steepest output fall for five-and-half years

Construction buyers reported a “sharp and accelerated reduction” in output levels last month.
The latest bellwether S&P Global UK Construction Purchasing Managers’ Index fell to 39.4 in November from 44.1 in October.
It was the lowest reading since May 2020 while lower volumes of construction output have now been recorded for eleven months in a row.Activity fell below the 50 no change mark in all sectors with housing activity (index at 35.4), commercial construction (43.8)