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In February, the index of business activity in the UK construction sector was 49.5 points, having decreased from the January value of 50.6 points. These IHS Markit data point to a weakening of business activity among British construction companies. The February value of the index was the lowest since September 2017 and turned out to be significantly below its assessment by experts, which was at the level of 50.3 points. At the same time, the activity in housing construction, showing reinforcement for the 13th consecutive month, increased slightly. However, activity in commercial and civil construction fell in February at the fastest pace since March 2018. The number of new jobs in the construction sector grew at the slowest rate since May 2018.
Japan’s factory activity for June contracted for its 14th straight month amid sharp reductions in supply and demand, according to data from a business survey released on Wednesday. Japan is one of many export-reliant nations that have ...
China’s factory activity grew stronger in June backed by optimism for a quick economic recovery globally. However, struggling export orders indicated that the virus-driven disruptions will continue to cap economic growth longer than ...
June had seen Japan’s manufacturing activity struggling at an 11-year low. This indicated that the novel coronavirus pandemic has greatly affected manufacturers even as services-sector confidence advanced. The au Jibun Bank Flash ...
The longest expansion in U.S. history ended in February with the economy falling into a deep recession as the coronavirus pandemic triggered the shutdown of businesses across the country. The National Bureau of Economic Research (NBER), the ...
Ireland’s manufacturing sector recovered slightly after its historic drop in April. Though indicators underscored recovery, it still declined in May as the economy started emerging from government-implemented lockdowns, a survey showed ...
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