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UK construction companies most positive in last nine years

02 Apr 2015

The confidence was highlighted by today's release of the Markit/CIPS UK Construction PMI* (Purchasing Managers' Index)

The survey also shows that construction industry suppliers are confident enough to raise their prices - which they are doing at the fastest rate since 1997

Although output declined slighly in March, with some companies citing probable delays until the General Election is out of the way, the industry sees a sustainable year ahead due to the incoming amount of new orders and improving economic fundamentals

*Purchasing Managers' Index, which has become a reliable forward-looking indicator of industry sentiment

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