Activity in the construction industry grew at its slowest pace in six months and confidence has fallen, dampening hopes for broader economic resilience.
All parts of the sector experienced a slowdown, the purchasing managers’ index showed, with civil engineering contracting. The index dropped from 52.9 in August to 52.1 last month, its weakest level since March. Any figure above 50 signifies growth.
Confidence fell to its second lowest rate since February 2013, with firms blaming political uncertainty. Despite the lack of optimism, there was a big rise in new orders and recruitment.
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