Construction in worst downturn for five and a half years

cityam12-04 20:25

Activity in the construction sector has rapidly declined, according to data. The construction sector suffered its worst downturn in output for five and a half years last month, new figures have shown,...

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The construction sector suffered its worst downturn in output for five and a half years last month, new figures have shown,...</p>\n\n<a href=\"https://www.cityam.com/construction-in-worst-downturn-for-five-and-a-half-years/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Construction in worst downturn for five and a half years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nConstruction in worst downturn for five and a half years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-04 20:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/construction-in-worst-downturn-for-five-and-a-half-years/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Activity in the construction sector has rapidly declined, according to data. The construction sector suffered its worst downturn in output for five and a half years last month, new figures have shown,...</p>\n\n<a href=\"https://www.cityam.com/construction-in-worst-downturn-for-five-and-a-half-years/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0426412945.USD","symbol_name":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","start_time":0,"source_url":"https://www.cityam.com/construction-in-worst-downturn-for-five-and-a-half-years/","article_id":"2589351258","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2024/12/1109-starmer-Building-site-1.jpg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/construction-in-worst-downturn-for-five-and-a-half-years/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2589351258","pubTimestamp":1764851122,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Activity in the construction sector has rapidly declined, according to data. The construction sector suffered its worst downturn in output for five and a half years last month, new figures have shown, in a warning to the Labour government as it hopes to build 1.5 homes by 2030.A monthly S&P Global survey showed that the decline in output rapidly accelerated over the month, with the purchasing managers’ index  falling to 39.4, more than 10 points below the benchmark figure for neutrality.Housing activity weighed on construction output, with the PMI for the sub-sector dropping to 35.4. Commercial construction was 43.8 while the PMI for civil engineering stood at 30, with all areas dropping at the fastest rate since the pandemic.The drop in output was driven by low confidence among investors, a lack of new work being commissioned and delays in starts for new projects, according to some 150 survey respondents.Just under one in five firms  said they signalled an increase in new orders.Stay ","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","BK4082":"医疗保健设备","LU0994945656.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC 2","LU0545562505.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) INC","CPA":"科帕控股","LU1236620750.USD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (USD) INC","PMI":"Picard Medical, Inc.","LU1043141123.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) INC 2","LU1236620834.HKD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (HKD) INC","LU0426417589.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC","BK4008":"航空公司","BK4500":"航空公司"},"translate_title":"建筑业陷入五年半来最严重的低迷","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PMI":1,"CPA":1},"content_text":"Activity in the construction sector has rapidly declined, according to data. The construction sector suffered its worst downturn in output for five and a half years last month, new figures have shown, in a warning to the Labour government as it hopes to build 1.5 homes by 2030. A monthly S&P Global survey showed that the decline in output rapidly accelerated over the month, with the purchasing managers’ index (PMI) falling to 39.4, more than 10 points below the benchmark figure for neutrality. Housing activity weighed on construction output, with the PMI for the sub-sector dropping to 35.4. Commercial construction was 43.8 while the PMI for civil engineering stood at 30, with all areas dropping at the fastest rate since the pandemic.The drop in output was driven by low confidence among investors, a lack of new work being commissioned and delays in starts for new projects, according to some 150 survey respondents. \n\nJust under one in five firms (17 per cent) said they signalled an increase in new orders. \n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBusinesses also said that Budget rumours contributed to a downturn in sales and weakened risk appetite. Confidence for the year head also plummeted to its lowest level since December 2022, with cutbacks to investment budgets and worries about the UK’s long-term prospects damaging hopes of a revival in the sector. Construction downturn deals blow to LabourFresh data is likely to cast doubt on the government’s hopes of building some 1.5m over the course of the next five years, an ambitious target that has received criticism from industry groups including Construction Plant Hire Association (CPA).","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2589351258","isCrawlerRequest":true}