That’s a modest uptick in UK construction activity, with this being the slowest reduction in seven months. All three sub-sectors recorded
\nweaker rates of contraction than those seen in December,
\nhelped by a more stable demand environment and reports of a
\ngradual turnaround in sales pipelines.<\/p>\n
House building (39.3) was the weakest-performing segment to start the year while civil engineering (40.6) also decreased at a sharp pace in
\nJanuary. Meanwhile, the contraction in commercial work (48.4) was the slowest since May last year at least.<\/p>\n
S&P Global notes that:<\/p>\n
“January data provided encouraging signs that the UK
\nconstruction sector has exited its tailspin, and firms are
\nbecoming more hopeful that new projects will get back on
\ntrack in 2026.\n<\/p>\n
“The latest reduction in total industry activity was the
\nslowest since last June. Commercial work outperformed,
\nwith activity moving close to stabilisation amid a postBudget boost to contract awards. House building
\nweakness persisted, although even here the rate of
\ndecline eased considerably since December and was the
\nleast marked for three months.\n<\/p>\n
“Construction companies noted subdued underlying
\ndemand due to fragile client confidence and elevated
\nrisk aversion, but there were some reports of improving
\ninvestment sentiment and greater sales enquiries
\nat the start of the year. As a result, business activity
\nexpectations rebounded to an eight-month high, while the
\npace of job losses moderated.\n<\/p>\n
“Supply conditions improved again in January. Lead
\ntimes for the delivery of construction items shortened for
\nthe sixth month in a row and subcontractor availability
\nincreased at a solid pace. However, margins were under
\npressure as higher wages and raw material prices led to
\nthe sharpest rise in purchasing costs since September
\n2025.”<\/p>\n","protected":false},"excerpt":{"rendered":"That’s a modest uptick in UK construction activity, with this being the slowest reduction in seven months. All…\n","protected":false},"author":2,"featured_media":71153,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":{"0":"post-275604","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-il","11":"tag-israel"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/275604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=275604"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/275604\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/71153"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=275604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=275604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=275604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}