UK construction suffers eighth successive month of shrinking output https://t.co/NSox9JQzia #constructionnews #construction #news pic.twitter.com/O1XiHlhs4I— Construction Index (@TCIndex) January 3, 2020
The headline seasonally adjusted IHS Markit/CIPS UK Construction Total Activity Index scored 44.4 in December, down from 45.3 in November, and below the crucial 50.0 no-change value for an eighth consecutive month.
December’s PMI survey revealed an industry still largely flat on its back. The fall in activity has yet to bottom out; eight straight months in negative territory is an unwanted honour not seen since the dark days of a decade ago.
