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Activity and new orders are losing momentum overall although the non-residential sector is holding up well
Total activity continued to strengthen, with R M showing a big recovery after last month’s fall. Orders rose in all sectors if more slowly in civils, while housing led the rise in tender enquiries
Total activity continued to rise steadily but without accelerating, while orders and tender enquiries lost some growth momentum but remained buoyant. Experian Economics reports
Civil engineering activity built further on its September gains after four months of decline, while non‑residental was the only sector in which activity failed to grow last month
Civil engineering activity finally returned to growth in September, after four months of contraction, while the other sectors stayed steady
Activity indices rose in August for all sectors except civil engineering, which hit its lowest level for six months
Activity, employment prospects and demand are all showing slower growth, with the cost of labour, materials shortages and financial constraints on the rise.
Overall activity remains strong, but those working on non-residential and civil engineering projects are starting to experience a fall in work in hand.
Overall activity levels slipped closer to the no-growth point, although repairs and maintenance were up. New orders kept on growing strongly, but new enquiries less so.
Activity increased across all sectors compared with March, and most of all in civil engineering. Tender prices are also still on the rise, but new orders are growing more slowly
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