Growth in UK construction activity

Published:  02 July, 2010

A new survey has revealed that UK construction activity expanded for the fourth consecutive month in June.

UK construction activity expanded "at a strong pace" for the fourth consecutive month in June, according to a new survey from Markit and The Chartered Institute of Purchasing & Supply (CIPS).

The survey found that the three broad UK construction sub-sectors – housing; commercial; and civil engineering – all showed a rise in activity during June. Residential construction was the strongest performing of the three categories however.

A further increase in new business received by construction companies in the UK boosted the rise in overall activity during the month.

Despite the findings, Markit found the industry is concerned about public spending cuts and the scheduled VAT rise due next year. This has been reflected in a reluctance to add to workforces as efforts to recruit were offset by cost-cutting measures.

Sign Up

Sign up to our weekly eNewsletter to receive all the latest news direct to your inbox