In December last year, the Markit/CIPS
UK's
construction Purchasing Managers' Index (PMI) decreased slightly to 62.1 from November's reading of 62.6. The latest reading marked eight months of continuous output growth in the
UK construction sector.
Tim Moore, senior economist at Markit and author of the Markit/CIPS
Construction PMI®, said,
"The latest survey highlights that
construction companies enter 2014 with the wind in their sails. Most encouragingly, the improving
UK economic outlook is helping boost private sector spending patterns, meaning that the
construction recovery has started to broaden out from housing demand and infrastructure projects to include strong growth in commercial building work. Stronger growth expectations and fuller order books are continuing to fuel job creation in the
construction sector.