Markit/Cips PMI survey reports strong new orders and rise in employment, with sector boosted by commercial building. UK construction maintained its 16-month recovery last month, according to financial data provider Markit, despite official data showing that the sector experienced steep falls in output at the start of the year.
The Markit/Cips purchasing managers index (PMI) reported strong new orders and a rise in employment during April as growth fell back only marginally to 55.8 in April from 56.7 in the previous month………………………………………..Full Article: Source