Neville Prior

UK construction sector returns to growth

Neville Prior  4 June 2013 01:26:37 PM
The UK's construction sector has returned to growth after six months of contraction, a survey has indicated, helped by an increase in the level of house building. The Markit/CIPS Construction Purchasing Managers' Index rose to 50.8 in May from 49.4 the month before. A figure above 50 indicates expansion. "The construction sector seems to have turned a corner after six dismal months," said David Noble, CIPS chief executive.
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