The UK construction sector contracted at the slowest pace in eight months in January as receding political uncertainty after the general election boosted client demand, results of a closely watched survey showed Tuesday.The IHS Markit/Chartered Institute of Procurement & Supply construction Purchasing Managers' Index rose to 48.4 in January from 44.4 in December. This was the slowest fall in eight...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.