Builders enjoy strong end to 2004

5 January 2005
More news

05 January 2005 | Gareth Mytton

The UK construction sector enjoyed the strongest growth in eight months at the end of 2004, according to December's purchasing managers' index (PMI) report.

The total industry PMI - a composite indicator of overall sector conditions, in which 50 indicates no change on the previous month - continued its recent rise to reach 57.2, up from 56.7 in November.

Only the civil engineering sector, where companies reported delays in government funding for projects, showed a fall in activity, but activity in the housing and commercial sectors was up, at 56.7 and 62.1 respectively.

Growth in quantities of purchases eased slightly, to 57.4. Supply bottlenecks continued to hamper suppliers' delivery times, but less markedly than in November. Input price inflation was the weakest since April, but at 71.3, the index remained at historically high levels.

Another rise in order books, at 57, led to further increases in employment, as well as usage of subcontractors and their rates.

• Coverage of previous months' UK construction PMI reports is available at http://www.supplymanagement.com/pmi.

SMjan2005

LATEST
JOBS
Swindon, Wiltshire
upto £40K base (+ Paid overtime and corporate benefits)
Honda Manufacturing Ltd
Kew gardens, Richmond upon Thames, London (Greater)
£37,000 - £42,500 per annum pro rata, depending on skills and experience
Kew Royal Botanic Gardens
SEARCH JOBS
CIPS Knowledge
Find out more with CIPS Knowledge:
  • best practice insights
  • guidance
  • tools and templates
GO TO CIPS KNOWLEDGE