A survey released by Markit Economics and the Chartered Institute of Procurement & Supply, showed that Britain’s construction sector expanded at a steady pace in the month of March.
UK construction purchasing manager’s index stood at 54.2% last month, including an increase in commercial work and engineering activity. The figure marked the 35th consecutive month of expansion.
The Markit Economics and the Chartered Institute of Procurement & Supply survey stated that “More than half of UK construction companies expect business activity to rise even further over the next 12 months”.
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