Overall activity kept falling but more slowly this month, with residential the only sector to see an actual rise
The total activity index remained below the no-growth bound at 47 in April, despite adding four points. R&M activity also remained on the downside, after two-point drop to 42.
The residential sector was the only one to see a rise in activity, with an eight-point gain to 52. The non-residential activity index gained four points to 48, while civil engineering ticked down to 44.
The orders index gained seven points to 60, marking three-and-a-half years of expansion. The tender enquiries index, however, remained in negative territory after ticking up to 48.
April was favourable for orders in all three sectors. The largest gain was in residential, where the index added 10 points to reach 64. The second highest was non-residential, moving up two points to 60. The civil engineering sector index was close behind, at 58, following a five-point increase.
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