2 November 2001, 12:53 UK construction activity 52.5 in Oct vs 54.2 in Sept - CIPS
LONDON (AFX) - The UK construction sector activity in October
expanded at its slowest pace since February 1999, 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 52.5
in October compared with 54.2 in September.
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.
__________________Oct Sept Aug
Construction activity 52.5 54.2 55.2
New orders 51.0 54.7 60.1
Employment 52.9 54.5 56.5
Prices 57.0 59.8 59.0
Quantity of purchases 52.6 53.3 53.7
Suppliers' delivery times 47.6 48.7 46.1
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