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Construction sector down again for fifth month in row
The Journal
|June 06, 2025
THE UK construction sector declined for a fifth consecutive month in May but firms reported signs that the recent downturn is easing, according to new figures.
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However, business in the sector also recorded the sharp rate of job cutting since August 2020 in the face of continued cost pressures.
The latest S&P Global construction purchasing managers' index (PMI) showed a reading of 47.9 last month, improving from 46.6 in April. It was ahead of the 47.2 reading predicted by economists.
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