Construction’s covid recovery slowed in August

Construction shutterstock 0824

Housebuilding strongest sector as growth eases to lowest point in three months

The volume of construction work undertaken in the UK continued to recover in August but grew at a slower pace than July, according to the latest monthly purchasing managers' survey.

Housing construciton work remained the fastest growing sector - having been the hardest hit earlier in the year - as respondents to the latest IHS Markit/CIPS survey said overall that a lack of new work to replace completed contracts had acted as a brake on the speed of expansion.

 

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