All growth forecast articles
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NewsHousing growth tumbles as runaway inflation dogs industry, bellwether report says
Workload expectations at lowest level since August 2020
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NewsConstruction industry slows to near stagnation, while housebuilding declines
Latest Markit/CIPS survey reports a subdued market but confidence in future growth prospects improves
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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.Coming in with a reading ...