Construction output in November reaches five-month high
Construction firms’ activity bounced back in November thanks to the UK economy reopening and a smoother supply chain, according to Purchasing Managers’ Index, PMI. The index was up at 55.5 for the month compared with 54.6 in October pointing to the strongest point of expansion since July and the tenth consecutive month above the 50 no change level. Chartered Institute of Procurement and Supply group director Duncan Brock said: "Commercial orders were the strongest, picking up the slack from the [...]