first_img whatsapp Construction sector growth falters by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald John Dunne Share Tags: NULLcenter_img Growth in the country’s construction sector slowed markedly in August led by a loss of momentum in residential construction, according to a survey.The Markit/Chartered Institute of Purchasing and Supply construction PMI slipped to 52.1 in August from 54.1 in July. That was below the consensus forecast of 53.2 and more than six points below peaks scaled in May.Nonetheless, it was still the sixth consecutive reading above the 50-level which separates growth from contraction.Official data last month showed British construction output jumped 8.5 per cent between April and June, its best showing since 1982, but the more forward-looking PMI survey suggest this pace of growth will not be repeated.Employment within the UK construction sector decreased during August for a second consecutive month.“Those who are looking for signs of a slowdown will find plenty to worry about in this month’s construction PMI,” said CIPS chief executive David Noble.“The most disturbing is the marked slowdown in the residential sector as this is where much of the recent sector growth has come from. The slight increase in public sector activity disguises continuing uncertainty about the scale of spending cuts which we have yet to experience.” whatsapp Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Thursday 2 September 2010 4:55 amlast_img read more