LONDON (AFX) - The UK construction sector continued to expand at a strong rate in July, according to the latest survey of the sector from the Chartered Institute of Purchasing and Supply. The CIPS reported that its headline activity index stood at 59.9 in July, identical to June's revised figure.
The following table provides a breakdown of the results of the survey.
A reading above 50 signals expansion, below it contraction. The greater the divergence, the more rapid the rate of change. All figures, with the exception of future business, are seasonally adjusted.
_____________________ July Jun May
Construction activity 59.9 59.9 58.2

New orders 63.2 63.6 61.7
Employment 58.1 57.6 54.6
Prices 61.1 59.6 62.2
Quantity of purchases 58.4 60.4 54.7
Suppliers' delivery times 46.7 46.5 47.3