UK construction industry shows expansion in March

Britain’s construction industry expanded last month for the first time since August, albeit only slightly, according to a survey on Friday that added to signs of improvement in the economy after a recession in the second half of 2023.

The S&P Global UK Construction Purchasing Managers’ Index rose to 50.2 in March from 49.7 in February – rising above the 50-point growth threshold for the first time in seven months.

The survey’s gauges of housebuilding, commercial work and civil engineering all rose, though only the last showed a return to outright growth.

Hercules Site Services plc (LON:HERC) is a collaborative, innovative company delivering services of the highest standards within the Civil Engineering sector of the construction industry. Hercules Construction Academy provides a comprehensive range of courses designed to equip individuals with the essential skills and knowledge required for a long and successful career in the construction industry.

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