UK Construction Slumps Further in August
Britains construction sector marked its twentieth month of contraction in August. The PMI fell to 44.3 as a severe downturn in housebuilding dragged down workloads.
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The United Kingdom construction sector contracted for the 20th consecutive month in August, pushed down by a severe downturn in housebuilding. The downturn follows weaker demand and geopolitical anxiety across the broader economy.
