By Experian Economics2019-01-14T12:35:00
Total activity continued to rise steadily but without accelerating, while orders and tender enquiries lost some growth momentum but remained buoyant. Experian Economics reports
The total activity index remained flat in November, above the no-growth bound at 55. The R&M activity index, however, plunged 22 points into negative territory to stand at 38.
Orders and tender enquiries remained on the expansionary side despite losing some momentum. The orders index ticked down by a point to 58, while the tender enquiries index dropped six points to 53, a nine-month low.
All sector order indices remained in positive territory. The non-residential sector was the only one that saw its index climb, by six points to 60. The residential and civil engineering sector indices shared a level of 58 after losing four and 17 points, respectively.
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