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Simon Rose

What's behind last month's growth in the construction sector?

Simon Rose
Original Broadcast:

The Share Radio Evening Show

What's behind last month's growth in the construction sector?
The UK's construction sector grew faster than expected in November, confounding some pessimists. Markit's purchasing managers' index for the construction sector rose to 52.8 in November, above expectations of 52.2. A figure above 50 denotes growth in the sector. There's been growth for three consecutive months now, suggesting the weaker period after the Brexit vote was just temporary, as opposed to a long-term trend. To discuss the figures in more detail, Simon spoke to Tim Moore, Senior Economist at IHS Markit.

Guest: Tim Moore