trending Market Intelligence /marketintelligence/en/news-insights/trending/N7i08M25F-6iLAWGZ24YCg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

UK construction sector at 11-month low in July, IHS/CIPS survey shows

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

UK construction sector at 11-month low in July, IHS/CIPS survey shows

U.K. construction sector growth eased for the second month running in July, purchasing managers' data from IHS Markit/CIPS showed.

Construction PMI, after seasonal adjustments, posted an 11-month low of 51.9 in the month from 54.8 in June and was lower than the long-run survey average of 54.5.

Commercial work tumbled at the fastest rate in 12 months, new orders declined for the first time in 11 months and job creation slipped. Intense supply chain pressures continued in July and input prices increased at one of the sharpest rates since the first half of 2011, the report said.

Firms' optimism about the construction sector's growth prospects was at the lowest level since July 2016.

"Worries about the economic outlook and heightened political uncertainty were key factors contributing to subdued demand," Tim Moore, associate director at IHS Markit and the author of the report, said.

"A challenging start to quarter three and there are possible roadblocks ahead for the sector in the rest of 2017, with longer lead times and suppliers struggling with stock levels, which adds insult to injury," said Duncan Brock, director of customer relationships at the Chartered Institute of Procurement & Supply.

The signs of slowing construction growth came after the IHS Markit/CIPS manufacturing PMI for July rose to 55.1 from the revised three-month low of 54.2 in June.