Dire news on #UK #construction sector as purchasing managers report activity contracted for 5th month running in September & 2nd most since April 2009. #PMI down to 43.3 (45.0 in August). House building, civil engineering & commercial activity all contracted; new orders plunged— Howard Archer (@HowardArcherUK) October 2, 2019
The survey shows that building activity in September 2019 fell at the second-fastest rate since April 2009, only narrowly outpaced by the fall seen in June this year. A historically steep drop in new orders was also registered, while recruitment activity fell at the fastest rate since the end of 2010.