Surge in new orders as materials costs continue to soar

By Jordan Marshall2021-06-04T10:18:00

Source: shutterstock.com

Activity boosted by booming housing sector as purchasing managers’ survey hits record high

A rapid return of new business across construction has been confirmed with record new orders being reported by purchasing managers, as materials prices continue to soar.

Construction companies attributed the surge in order books to strong demand for residential building work and high levels of confidence about the near-term economic outlook.

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