Construction returns to growth despite gloomy expectations

By Daniel Gayne2022-10-06T09:30:00

Business confidence at its lowest level in two years

Construction output increased in September for the first time in three months as easing supply shortages helped cover softening demand.

According to the latest PMI data, the month saw the weakest trend for new orders since the beginning of the post-Covid recovery in July 2020 and business confidence dropped to its lowest level in two years.

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