The housebuilding sector saw the fastest growth of any part of construction in September despite growing gloom over the prospects for the economy, according to the latest figures from purchasing managers.

According to the latest construction purchasing managers’ index (PMI), produced by the Chartered Institute of Purchasing and Supply (CIPS) and S&P Global, the month saw the weakest trend for new orders since the beginning of the post-Covid recovery in July 2020 and business confidence dropped to its lowest level in two years.

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