LONDON--Business activity in the U.K.'s construction sector dropped in March following five months of marginal growth, a survey showed Wednesday.
Financial-information company IHS Markit said its purchasing managers' index for the construction industry fell to 47.0 in March, down from 51.4 a month earlier.
The 50-point mark separates expansion from contraction.
"Total construction output fell at the fastest pace since July 2016, driven by the sharpest reduction in civil-engineering activity for five years and a renewed fall in commercial work," Tim Moore, associate director at IHS Markit, said.
https://www.marketwatch.com/story/uk-construction-pmi-falls-sharply-2018-04-04-44855215
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