David Noble
NewsAn uphill road to recovery
Construction activity may be falling more slowly now, but a number of issues are challenging the sector
- Comment
An uphill road to recovery
Despite welcome news that the UK construction sector is contracting at a slower pace, the industry is still struggling.
NewsCould the torment almost be over?
The CPA may still be predicting gloom, but there has been a notable drop in the rate of decline
- Comment
Could the torment almost be over?
After 17 months of unrelenting torment, it looks like the UK construction sector is finally a step closer to recovery as the July CIPS/Markit Purchasing Managers’ Index highlighted the slowest pace of decline since March last year (see index).
NewsHopes of recovery on shaky ground
Why June's gloomy CIPs data is stoking fears of a 'w-shaped' recession
- Comment
Hopes of a recovery on shaky ground
You’d be forgiven for thinking that the latest CIPS/Markit Purchasing Managers’ Index (PMI) would provide a better read than June’s figures. After seeing the rate of contraction ease consecutively for four months, the PMI took a turn for the worse fuelling speculation of a ‘w-shaped’ recession.