By Experian Economics2019-07-09T05:00:00
Total activity decreased for the third consecutive month, though orders remained in positive territory
The total activity index remained in negative territory for a third month in a row, but has been gradually climbing, adding a point over April’s figure to stand at 49 in May. The R&M index also posted 49 after gaining seven points.
The residential index lost three points to 49, while the non-residential activity index remained in negative territory after dropping two points to 46. The civil sector, in contrast, gained 13 points to reach a level of 60.
The orders index remained in positive territory despite losing three points to 57 in May, while the tenders index added a point over the past month to hit the no-growth bound of 50.
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