Tuesday, April 6, 2010

PMI index for the UK construction sector has exceeded 50 points

Business activity and optimism in the UK construction sector have improved dramatically in March, that probably would support a recovering economy.
Index PMI, reflects the dynamics of business and economic conditions in the construction sector amounted to 53.1 points in March against 48.5 points in the previous month and the forecast 48,7 points.

Note that the indicator exceeded 50 points, pointing to the growth of business activity in the construction sector. The value index below 50 points reflects a slowdown.

No comments: