The headline CIPS construction PMI fell for the second consecutive month to a new post-pandemic low of 39.4 in November. The drop was broad-based across the sectors, with the housing balance seeing a particularly large decline on the month to just 35.4. Meanwhile, the commercial balance fell to 43.8, leaving it firmly in negative territory.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.
