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UK Construction Downturn Softens In September

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

UK construction activity declined at the slowest pace in three months in September amid a softer fall in new orders, survey results from S&P Global showed on Monday.

The headline construction Purchasing Managers' Index climbed to 46.2 in September from 45.5 in August. The expected score was 46.1. However, any reading below 50.0 indicates an overall reduction in construction activity.

Civil engineering activity was the weakest performing category in September, and commercial construction logged a faster decline, while the slower reduction in overall construction activity was helped by a weaker contraction in residential building activity.

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