Markit/CIPS figures give positive picture

01 December, 2016

The Vinden Partnership has given an upbeat response to the latest Markit/CIPS UK Construction PMI showing business activity in October increasing at its fastest pace since March. Chris Duffill, director with The Vinden Partnership, points to the October figure being 52.6, up slightly from September’s 52.3 and above the threshold for growth of 50.

A key driver for growth was residential housing activity, with commercial activity being steady. Civil engineering saw a slight fall and was the weakest-performing sector.

There was a modest rise in new business.

Chris Duffill comments, ‘Given the continuing Brexit uncertainty, any sign of growth can be taken as a positive.

‘The industry has, despite the economic circumstances, coped well and proven very resilient. It’s good to see residential building perform well again, and I’m sure the Government will be relieved to hear this.’

Fujitsu General Air Conditioning becomes GENERAL HVAC Solutions UK

Fujitsu General Air Conditioning (UK) has become GENERAL HVAC Solutions UK from 1st January 2026, strengthening its long-term position within the global Paloma Rheem Holdings (PRH) group.

Market performance indicates encouraging signs for future of BEMS sector

Highlighting an increased desire from property developers, architects and designers to decarbonise the UK’s building stock through the specification and implementation of building controls and automation, the building energy management systems (BEMS) market showed steady progress in Q3 – rising 2.6% compared to the previous quarter.

Calendar

Submit event

Tweets by MBS_magazine