The S&P Global Construction PMI in the UK is an economic indicator that measures the performance of the construction sector, based on surveys of purchasing managers in the industry. It provides insights into business conditions, including output, new orders, employment, and prices. This PMI is crucial as it reflects the health of the construction sector, which is a significant component of the UK economy, influencing GDP and employment. Financial markets closely watch this data for signs of economic growth or contraction, impacting investment decisions and monetary policy expectations.
The S&P Global Construction PMI in the UK is an economic indicator that measures the performance of the construction sector, based on surveys of purchasing managers in the industry. It provides insights into business conditions, including output, new orders, employment, and prices. This PMI is cr...