Upwards, not onwards

摘要

Construction activity continued to rise in February, according to Experian Business Strategies latest nationwide survey of contractors. The overall activity index, incorporating responses across all UK regions and all three construction sectors, dipped one point, although at 57 the activity index remained firmly in the increasing zone (above 50). Firms received an above average number of tender enquiries and order books were higher than usual. Employment prospects were, however, less certain. Although a reduction is unlikely over the coming months, any increase is likely to be marginal at best.