Despite construction job creation hitting a three month
high, overall growth in the industry has slowed, with bad weather fingered as
the culprit, according to data released by Markit/Chartered Institute of
Purchasing & Supply.
The Purchasing Managers Index for February was 62.6, a fall
on 64.6 for January, but industry activity is still said to be steadily rising
as any figure over 50 is a reflection of growth.
According to respondents, adverse weather in the UK was the
cause of a slump in construction, particularly within the housebuilding sector.
Chief executive officer of the Chartered Institute of
Purchasing & Supply, David Noble, said:
“Bad weather took a bite out of progress in house building,
but UK construction remains on a strong growth trajectory in February. The
sector was fuelled by the strongest rise in civil engineering activity in the
survey’s history, as an increase in spending was recorded on investment and
infrastructure projects in response to recent flooding.
“Rising employment and highly positive business expectations
also suggest that the slowdown will only be temporary. Backed by favourable
market conditions, firms are continuing to increase staff numbers, hitting a
three-month high this month.”
London Removal are experts in the house and office removals
industry. They often comment on news related to the removals and housing
industry. A spokesperson for the company said:
“Despite a slight reduction in the number of houses being
built, the removal sector is still going strong and there’s no shortage of
people moving into new and old houses, which is keeping is more than busy.
“There seems to be a lot of people moving home and office at
the moment and as one of the most popular moving companies in London we’ve
reaped the benefits. We’ve helped lots of people to move already and have a
large number of bookings already in place for the coming weeks and months.
“If you’re moving house, whether into a newly constructed
house or an old one, get in touch with our team and we’ll be more than happy to
help you.”
London Removal specialises in affordable removals in the
wider London area. They’re one of the premier moving companies in the UK and
have years of experience to their name. They provide safe, professional and
competitively priced moving, packaging and storage services. Visit the London
Removal website today at www.london-removal.co.uk
to find out more.