UK construction activity fell again in September, as new orders tumbled and the rate of contraction in the housebuilding sub-sector accelerated, according to a survey that adds further gloom over the economy.
UK construction activity fell again in September, as new orders tumbled and the rate of contraction in the housebuilding sub-sector accelerated, according to a survey that adds further gloom over the economy.
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Ian mcconnell business editor
The Chartered Institute of Purchasing and Supply's (CIPS's) industry activity index for UK construction edged up from 49.0 in August to 49.5 last month on a seasonally adjusted basis, but stayed below the level of 50 which separates expansion from contraction to signal the second straight month of decline.
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