Construction News – Late May 2024
Estimated reading time 1 minute
UK construction activity grew last month at its fastest rate for more than a year, according to the latest monthly survey of purchasing managers.
While housebuilding once again slowed in April 2024, growth in both civil engineering and commercial construction more than made up for it.
At 53.0 in April, up from 50.2 in March, the headline S&P Global UK Construction Purchasing Managers’ Index (PMI) – a seasonally adjusted index tracking changes in industry activity – registered in positive territory for the second month running and signalled the strongest pace of expansion since February 2023.
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