All articles by David Noble
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NewsAn uphill road to recovery
Construction activity may be falling more slowly now, but a number of issues are challenging the sector
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Comment
An uphill road to recovery
Despite welcome news that the UK construction sector is contracting at a slower pace, the industry is still struggling. August saw a reduction in the pace of deterioration. While reduced activity was again largely attributed to dampened demand for new orders, there are a number of issues challenging the sector. ...
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NewsCould the torment almost be over?
The CPA may still be predicting gloom, but there has been a notable drop in the rate of decline
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Comment
Could the torment almost be over?
After 17 months of unrelenting torment, it looks like the UK construction sector is finally a step closer to recovery as the July CIPS/Markit Purchasing Managers’ Index highlighted the slowest pace of decline since March last year (see index).This progress is largely on the back of an improvement in the ...
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NewsHopes of recovery on shaky ground
Why June's gloomy CIPs data is stoking fears of a 'w-shaped' recession
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Comment
Hopes of a recovery on shaky ground
You’d be forgiven for thinking that the latest CIPS/Markit Purchasing Managers’ Index (PMI) would provide a better read than June’s figures. After seeing the rate of contraction ease consecutively for four months, the PMI took a turn for the worse fuelling speculation of a ‘w-shaped’ recession.Coming in with a reading ...