Economists warn construction’s slowdown will continue as industry struggles to shake off shortages gloom

By Dave Rogers2021-10-06T09:51:00

Source: Shutterstock

Getting hold of labour and materials continues to blunt growth, bellwether forecast says

Labour shortages, a lack of HGV drivers and ongoing problems getting hold of materials continued to put the brakes on sector output last month with economists expecting more of the same in October.

The latest PMI data drawn up by IHS Markit and CIPS said total activity for September stood at 52.6 down from the score of 55.2 the month before and a fall of nearly 14 points from the 66.3 figure recorded in June, a 24 year high which is increasingly looking like an anomaly.

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