Construction accelerates in May

Published:  02 June, 2010

LONDON: The construction sector expanded in May at its fastest pace since September 2007, with employment rising for the first time in two years, a survey of purchasing managers showed on Wednesday.

The Markit/Chartered Institute of Purchasing and Supply construction PMI rose to 58.5 in May from 58.2 in April.

May was the third consecutive reading above the 50 mark which separates growth from contraction.

Sarah Ledger, an economist at Markit said: "It was encouraging to see growth within the UK construction sector maintained during May, with all three sub-sectors, housing, commercial and civil, indicating an expansion in activity."

But Ms Ledger warned that an impending public spending squeeze meant it was unlikely the current rate of growth would be maintained.

Construction accounts for around 6% of Britain's economic output.

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight


Builders Merchants Vacancies – UK Wide

At Arco, we are an industry specific recruitment consultancy, providing sales and managerial staff Nationwide to Merchants, Distributors and Manufacturers of Building Materials within the Construction Sales Sector. Priding ourselves on our unparalleled customer service and hard work, we offer a fresh, innovative and personal approach to recruitment specifically designed to meet our clients’ needs and candidates’ skills.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.