Finance

Housebuilding lull weighs on construction activity

By 2023-11-06T17:35:00

Construction site

Source: Shutterstock / Sirisak baokaew

Housebuilding decreased for the 11th successive month in October and at a much steeper pace than elsewhere in the construction sector, with the headline S&P Global/CIPS UK Construction Purchasing Managers’ Index (PMI) at 38.5.

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