Optimism hits four-year high as order levels soar

By Tom Lowe2021-01-07T12:01:00

Housebuilding drives increase in construction activity

Optimism among construction firms rose to its highest level in nearly four years last month, according to the latest CIPS/IHS Markit report. New order levels increased in December for the seventh month in a row.

Improving client demand and a boost for workloads from new wins on projects deferred at the start of the covid-19 pandemic saw the growth in order books remain close to November’s six-year high, when new orders increased at the fastest rate since October 2014.

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