Slower housebuilding hits UK construction growth

A sharp slowdown in housebuilding in the UK sapped construction growth during August, an industry survey showed today.

Slower housebuilding hits UK construction growth
Thu, 02 Sep, 2010 - 11:58

A sharp slowdown in housebuilding in the UK sapped construction growth during August, an industry survey showed today.

The Chartered Institute of Purchasing and Supply’s (CIPS) latest activity index, where a score over 50 signals growth, fell to 52.1 from 54.1 in July - the third monthly fall in a row.

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