By Experian Economics2019-04-08T05:00:00
Tenders and employment prospects both fell for the first time in almost two years, but activity is still rising, if more slowly
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.
Existing subscriber? LOGIN
Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.
Get your free guest access SIGN UP TODAY
Subscribe to Building today and you will get unlimited access to: