The rate of growth in housebuilding work fell to its
lowest level last month since the height of the coronavirus pandemic in May
2020, as materials and labour shortages continue to bite. According to the
latest construction purchasing managers’ index from IHS Markit and CIPS, the
housebuilding industry recorded a score of 55 – still above the “50” mark that
denotes growth – but the lowest level seen since the industry was effectively
temporarily shut down in spring last year. This is also the first time that the
housebuilding industry has recorded an index score of less than 60 since
February this year. Read more on the Housing Today website.
https://www.housingtoday.co.uk/news/housebuilding-growth-rate-slowest-for-15-months/5113568.article
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