Tim Moore »

  • Construction activity in the United Kingdom rose sharply in February, with job creation hitting a three-month high. Markit Group’s gauge of UK construction activity eased slightly from the previous month’s six-and-a-half year high, settling at 62.6. The UK construction sector has been in expansion mode for ten consecutive months. Civil engineering overtook housing as the

  • Construction activity in the United Kingdom surged to a six-and-a-half year high, led by the sharpest expansion in housing activity in more than ten years. Markit Group’s gauge of UK construction output rose from 62.1 to 64.6 in January, far exceeding economists’ forecasts. UK construction PMI has been above the neutral 50 value that separates

  • The Eurozone service economy continued to gather momentum in September after job losses eased to a very modest pace, according to a monthly report from Markit Group. Eurozone Services PMI rose to a 27-month high of 52.2, as the currency bloc continues to pull out of the worst recession in its history. New business was

  • The UK construction sector registered strong output growth in September, led by robust residential construction activity. Construction in residential projects rose at the sharpest rate since November 2003, according to Markit Group. The global financial information firm continues to make headlines this week, having already released manufacturing data for the United States, euro area and