UK construction sector grows in November, but residential decline and future optimism wane.

The UK construction sector saw growth in November, with a PMI score of 55.2, up from 54.3 in October. Commercial construction, particularly office buildings and infrastructure, saw significant growth, while residential construction declined due to high borrowing costs and weak consumer confidence. Despite overall industry growth, new orders have weakened, and optimism for future projects has diminished.

4 months ago
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