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By Dave Rogers2021-09-06T09:42:00
Latest IHS/CIPS data says market softening in face of triple threat
Construction’s recovery from the pandemic cooled further last month with materials shortages and problems getting hold of lorry drivers again putting the brakes on sector output.
The latest PMI data drawn up by IHS Markit and CIPS said total activity for August stood at 55.2, down from 58.7 the month before, and a fall of more than 11 points from the 66.3 figure recorded in June, a 24 year high which is increasingly looking like a one-off score.
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