Construction site in the Jewellery Quarter on 30th March 2021 in Birmingham, United Kingdom. IHS Markit’s purchasing managers’ index (PMI) for the construction sector registered at 61.7 in March. […] IHS Markit said it found “robust growth” in all sub-sectors of construction and reported job creation in the industry at a 27-month high. READ MORE: Credit Suisse faces battle to win back trust after Archegos and Greensill “March data revealed a surge in UK construction output as the recovery broadened out from house building to commercial work and civil engineering,” said Tim Moore, economics director at IHS Markit. […] The construction data is the latest rosy UK data to emerge, suggesting the economy could be on the verge of a reopening boom.
Click here to read the full article