IHS Markit/CIPS UK Construction PMI was 55.3 in
— Noble Francis (@NobleFrancis) July 6, 2020
June compared to 28.9 in May, a considerable improvement in construction activity from a low base in May &, particularly April, (unsurprising given most sites were shut in April)... #ukconstruction https://t.co/HzPa3d1CTl pic.twitter.com/QXAjczHguG
Given that most building sites were shut down, the rebound is hardly surprising!
The UK, for the next decade or so, will turn into one giant construction site as the government turns on the spigots of infrastructure spending.
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