Dinar Times | Daily Dinar Updates from Dinar Guru on Dinar Chronicles and Dinar Recaps
  • Home
  • Dinar Guru
  • Cryptocurrency
  • Videos
  • USA
  • Dinar News
  • Iraq
  • World
  • Blog
No Result
View All Result
  • Home
  • Dinar Guru
  • Cryptocurrency
  • Videos
  • USA
  • Dinar News
  • Iraq
  • World
  • Blog
No Result
View All Result
Dinar Times | Daily Dinar Updates from Dinar Guru on Dinar Chronicles and Dinar Recaps
No Result
View All Result

UK construction growth bolsters economic recovery hopes

January 16, 2016
in Uncategorized

Britain’s construction industry grew at the fastest pace in nearly a year in February, bolstering expectations that the UK will escape a double dip recession.

February data from economic research firm Markit signalled a solid rise in construction output, extending the period of continued growth to 14 months. There was a sharp rise in new work intakes, although this was not enough to prevent a fall in employment.

The Markit/CIPS purchasing managers’ index for construction jumped to 54.3, the highest since last March and compared with 51.4 in January. It was better than the 51.2 reading expected in the City.

“The slowdown in UK construction sector output growth recorded in January was reversed in February, with a solid increase in activity indicated,” said Sarah Bingham, economist at Markit and author of the construction survey. “This was despite potential headwinds caused by poor weather conditions. The rise in output was supported by a stronger commercial expansion. Perhaps more encouraging was the sharp increase in new business received, which should keep firms busy in the coming months.”

All three sub-sectors – housing, commercial and civil engineering – showed growth. Commercial construction was the strongest, expanding at the fastest pace since September 2010, while residential and civil engineering bounced back from contractions last month.

Confidence about the year ahead rose to a nine-month high.

“The improved performance of the construction sector adds to other positive data released on the UK economy,” said Bingham. “However, it remains to be seen whether GDP growth for the first quarter will be recorded and, if it is, any expansion is likely to be only modest as general economic conditions remain fragile.”

Andrew Duncan, director of property at construction consultancy Turner & Townsend, said it is too early to say that construction has “definitively turned the corner”. “The stock markets began 2012 in bullish mood, and this data gives the most encouraging sign yet that this confidence is filtering through into the construction industry. But in 2011 the industry endured a year which, frankly, was best forgotten. Seen in that context, this PMI data may seem overly upbeat.”

Construction is slowly recovering from a deep slump. Official figures released on Friday showed that the volume of new construction orders last year dropped 14.1% from 2010 to the lowest level since 1980. In the fourth quarter, new orders were down 2.5% compared with the third quarter.
Simon Rawlinson, head of research at built asset consultancy EC Harris, noted that the only sector to have increased overall orders during 2011 was private housing, up 6%, which he said was “pointing to steady recovery which should get a further boost in March 2012 with the introduction of the NewBuy initiative”. By contrast, total public sector non-housing orders fell by 35% from 2010 although this has barely filtered through to output yet.

Tags: BusinessConstructionSmall Business
ShareTweetShareSendShare

Related Posts

MilitiaMan
Uncategorized

Militiaman Friday Night The Glory Days

March 19, 2022
KTFA
Uncategorized

KTFA

February 28, 2022
Uncategorized

TNTSuperfantastic Conference Call

December 25, 2021

Dinar Gurus

Iraqi Dinar Guru opinions 1-4-2022

Iraqi Dinar Guru opinions 5-21-2022

May 21, 2022

Weekend News with MarkZ 05/21/2022

MarkZ

May 21, 2022

MarkZ

MarkZ

May 21, 2022

TNT

TNT

May 21, 2022

Deepwoods

Ron Giles

May 21, 2022

Deepwoods

Iraqi News

May 21, 2022

Read More

Iraq / USA

BITCOIN HOLDS DESPITE S&P 500 DUMP | DO KWON SPEAKS OUT

BITCOIN HOLDS DESPITE S&P 500 DUMP | DO KWON SPEAKS OUT

May 21, 2022

WHALES BUYING THE BITCOIN & ETHEREUM DIP + Defi Kingdom & Litecoin HUGE MILESTONES! Crypto News

WHALES BUYING THE BITCOIN & ETHEREUM DIP + Defi Kingdom & Litecoin HUGE MILESTONES! Crypto News

May 21, 2022

Europe’s Crypto Crackdown!! What It Means FOR YOU!! 🇪🇺

Europe’s Crypto Crackdown!! What It Means FOR YOU!! 🇪🇺

May 21, 2022

Huge Crash Is Coming By The End Of This Year! Prepare Yourself – Jim Rogers

Huge Crash Is Coming By The End Of This Year! Prepare Yourself – Jim Rogers

May 21, 2022

Read More

Blog

A new financial system aka the quantum financial system QFS

January 30, 2021

Iraqi Dinar News 12/27/20

December 27, 2020

A very happy Merry Christmas from Dinar Times Team

December 25, 2020

Passive Income Opportunity

December 9, 2020

Read More

Videos

BITCOIN HOLDS DESPITE S&P 500 DUMP | DO KWON SPEAKS OUT
Cryptocurrency

BITCOIN HOLDS DESPITE S&P 500 DUMP | DO KWON SPEAKS OUT

May 21, 2022
WHALES BUYING THE BITCOIN & ETHEREUM DIP + Defi Kingdom & Litecoin HUGE MILESTONES! Crypto News
Cryptocurrency

WHALES BUYING THE BITCOIN & ETHEREUM DIP + Defi Kingdom & Litecoin HUGE MILESTONES! Crypto News

May 21, 2022
Europe’s Crypto Crackdown!! What It Means FOR YOU!! 🇪🇺
Cryptocurrency

Europe’s Crypto Crackdown!! What It Means FOR YOU!! 🇪🇺

May 21, 2022
Huge Crash Is Coming By The End Of This Year! Prepare Yourself – Jim Rogers
USA

Huge Crash Is Coming By The End Of This Year! Prepare Yourself – Jim Rogers

May 21, 2022
Weekend News with MarkZ 05/21/2022
USA

Weekend News with MarkZ 05/21/2022

May 21, 2022
Why they are waging a Global War on Cash
USA

Why they are waging a Global War on Cash

May 21, 2022
Read More

Cryptocurrency

BITCOIN HOLDS DESPITE S&P 500 DUMP | DO KWON SPEAKS OUT

BITCOIN HOLDS DESPITE S&P 500 DUMP | DO KWON SPEAKS OUT

May 21, 2022

WHALES BUYING THE BITCOIN & ETHEREUM DIP + Defi Kingdom & Litecoin HUGE MILESTONES! Crypto News

WHALES BUYING THE BITCOIN & ETHEREUM DIP + Defi Kingdom & Litecoin HUGE MILESTONES! Crypto News

May 21, 2022

Europe’s Crypto Crackdown!! What It Means FOR YOU!! 🇪🇺

Europe’s Crypto Crackdown!! What It Means FOR YOU!! 🇪🇺

May 21, 2022

Just Lost Everything | The Freaky Truth Of $1 Terra Luna

Just Lost Everything | The Freaky Truth Of $1 Terra Luna

May 21, 2022

Read More

Dinar

Iraqi Dinar/US Dollar auction results for Sunday 5-22-2022 executed today 5-19-2022

Iraqi Dinar/US Dollar auction results for Sunday 5-22-2022 executed today 5-19-2022

May 19, 2022

He added 2 trillion dinars.. The Central Bank of Iraq increases its capital to (5) trillion dinars

He added 2 trillion dinars.. The Central Bank of Iraq increases its capital to (5) trillion dinars

May 19, 2022

Iraqi Dinar/US Dollar auction results for Thursday 5-19-2022 executed today 5-18-2022

Iraqi Dinar/US Dollar auction results for Thursday 5-19-2022 executed today 5-18-2022

May 18, 2022

Iraqi Dinar/US Dollar auction results for Wednesday 5-18-2022 executed today 5-17-2022

Iraqi Dinar/US Dollar auction results for Wednesday 5-18-2022 executed today 5-17-2022

May 17, 2022

Read More

Dinar Times is an exclusive website concerning Iraqi Dinar Revaluation, serves with the Iraqi Dinar RV related latest updates which are based on Dinar Guru opinions and reckonings. Along with it we also incorporate the valuable perspectives of our Iraqi Dinar Gurus & Investors in the form of latest Dinar Recaps, Dinar Chronicles and Dinar Intel. Dinar Times also extensively covers USA, Iraq & Global, up to the minute happenings.

LINKS

  • Home
  • Dinar Guru
  • Cryptocurrency
  • Videos
  • Blog
  • Dinar News
  • USA
  • Iraq
  • World

BROWSE MORE

DinarDetectives.com

DinarTube.com

Dinar Detectives Forum

NEWS FEED ON

Dinar Times is an exclusive website concerning Iraqi Dinar Revaluation, serves with the Iraqi Dinar RV related latest updates which are based on Dinar Guru opinions and reckonings. Along with it we also incorporate the valuable perspectives of our Iraqi Dinar Gurus & Investors in the form of latest Dinar Recaps, Dinar Chronicles and Dinar Intel. Dinar Times also extensively covers USA, Iraq & Global, up to the minute happenings.

LINKS

BROWSE MORE

DinarDetectives.com

DinarTube.com

NEWS FEED ON

Dinar Times ©. All Rights Reserved

No Result
View All Result
  • Home
  • Dinar Guru
  • Cryptocurrency
  • Videos
  • USA
  • Dinar News
  • Iraq
  • World
  • Blog

© 2021