The Vinden Partnership react to February’s Markit/CIPS UK Construction Purchasing Managers’ Index (PMI).
Martin Bennett, a Regional Director at The Vinden Partnership – a leading multi-disciplinary consultant company to the built environment, commented:
“The growing economic uncertainty is clearly affecting the mood of the construction industry at the moment. With Britain’s future in the EU dominating the agenda, this trepidation may be set to continue.
“The slowdown in the housing sector is also a cause for concern and certainly not what the government and first time buyers want to hear.
“The coming months should give us a clearer picture of where exactly the construction industry is and reveal whether this nervousness over taking on new projects is justified.”