Tracker: February 2019

Tracker index

Tenders and employment prospects both fell for the first time in almost two years, but activity is still rising, if more slowly

01 / State of play

The total activity index fell by two points, marking the second consecutive month of contraction, but remained on the expansionary side. The R&M index returned to positive territory after a 24-point jump to 54.

Of all three sectors, the activities index for non-residential was the only one to move into negative territory, losing 12 points to 48. Residential activity increased by seven points to 57, while civil engineering gained nine points to 62.

The orders index increased by two points to 57. The tenders index, however, dropped by seven points and slid into negative territory at 48 – its first figure below 50 since July 2017.

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