Financial News: UK Construction Sector Contracts Further

UK Construction Sector Contracts Further

03/05/2026 - 07:32:00 (RTTNews)

(RTTNews) - The UK construction sector contracted for the fourteenth consecutive month in February, survey data from S&P Global showed Thursday.

The construction Purchasing Managers' Index dropped to 44.5 from January's seven-month high of 46.4. The score signalled a solid reduction in overall business activity.

The sharp fall in residential building was the main factor behind the setback in February. Commercial construction activity also dropped at a faster pace. Civil engineering was the only sub-sector to register a slower fall in activity.

The survey showed an accelerated decline in total new work due to sluggish demand conditions. On the other hand, business activity expectations rose to the highest since December 2024.

Staffing levels moved close to stabilization, which contrasted to the steep job losses at the end of 2025.

Construction companies again faced pressure on their margins from sharply rising input costs. Data showed that average cost burdens increased the most since July 2025.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan Core Machinery Orders Jump 13.6% In February (01 hr(s), 33 min(s), 45 sec(s) ago)
(RTTNews) - The value of core machinery orders in Japan was up a seasonally adjusted 13.6 percent ...Full Story»

South Korea Trade Data Due On Wednesday (03 hr(s), 26 min(s), 45 sec(s) ago)
(RTTNews) - South Korea will on Wednesday release March figures for imports, exports and trade bal ...Full Story»

South Korea Export Prices Surge 28.7% On Year In March (03 hr(s), 52 min(s), 45 sec(s) ago)
(RTTNews) - Export prices in South Korea were up 28.7 percent on year in March, the Bank of Korea ...Full Story»

U.S. Small Business Confidence Unexpectedly Drops Amid Rising Cost Concerns (07 hr(s), 15 min(s), 45 sec(s) ago)
(RTTNews) - Small business morale in the U.S. sunk in March as the conflict in the Middle East led ...Full Story»

U.S. Small Business Confidence Unexpectedly Drops Amid Rising Cost Concerns (07 hr(s), 18 min(s), 45 sec(s) ago)
(RTTNews) - Small business morale in the U.S. sunk in March as the conflict in the Middle East led ...Full Story»

U.S. Producer Prices Increase 0.5% In March, Much Less Than Expected (11 hr(s), 15 min(s), 45 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Tuesday showed producer prices in the U.S ...Full Story»

CORRECTION: U.S. Producer Prices Increase Much Less Than Expected In March (12 hr(s), 44 min(s), 45 sec(s) ago)
(RTTNews) - (Correction: The original article compared the data to incorrect economist estimates. ...Full Story»

U.S. Producer Prices Increase In Line With Estimates In March (12 hr(s), 53 min(s), 45 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Tuesday showed producer prices in the U.S ...Full Story»