The British construction sector expanded at its fastest
pace since March last month, buoyed by a strong performance in residential
projects as output and volumes picked up in the months after the country's
Brexit vote. The closely-watched
Markit/CIPS UK Construction Purchasing Managers' Index stood at 52.6 last
month, compared with analysts' expectations for a 51.8 figure and with the 52.3
reading recorded in September. A reading above the 50.0 mark indicates growth,
and October was the first time in four months the sector had reported signs of
expansion. Read more on the IBT website.
California overhauls landmark environmental protection rules
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Governor Gavin Newsom says bureaucratic roadblocks have made it difficult
to build housing in the most populous state
California is overhauling its landm...
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