Highlights of the February 2016 UK Markit CIPS construction PMI data report 2 March 2016
– Housing activity 53.0 vs 55.9 prior
Some early weakness in construction. It was one of the boomers during the recovery and stood at 60.1 this time last year. We’ve seen it cool quite a bit and while that’s natural of any trend, we don’t want to see it heading further south.