Commercial demand fuels construction expansion_2

7 September 2012
UK construction companies were busier in February than the previous month, according to the latest PMI figures.

The headline purchasing managers' index (PMI) - a composite indicator of economic conditions compiled by CIPS and NTC Research - rose to 58.3, up from 56.3 in January, on the back of new orders.

Growth eased in the housing sector for the third successive month to stand at 56.9, but demand for new homes still rose. Commercial construction, at 61.5, showed the...

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