4 September 2001, 12:46 UK construction activity slows in Aug - CIPS
LONDON (AFX) - The UK construction sector activity increased in
August but at a slower pace than in July, 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 56.3 in
August compared with 59.9 in July.
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.
__________________ Aug Jul Jun
Construction activity 56.3 59.9 59.9
New orders 60.4 63.2 63.6
Employment 57.4 58.1 57.6
Prices 59.0 61.1 59.6
Quantity of purchases 54.7 58.4 60.4
Suppliers' delivery times 45.8 46.7 46.5
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