Jun

U.K. Housing Lifts Construction Growth to Strongest Since 2015

Index rises to 56 in May, a far better reading than forecast
Manufacturing survey earlier this week showed solid activity

Britain’s construction industry unexpectedly picked up last month, growing at the fastest pace since 2015 as housing strengthened.

IHS Markit’s monthly index rose to 56 in May from 53.1 in April, a far better reading than the decline to 52.6 forecast by economists. Workloads increased the most this year and the pace of hiring also improved, according to the report published Friday…

Categories : Real Estate

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U.K. Housing Lifts Construction Growth to Strongest Since 2015

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