General Industrial News – Early April 2021

House builders have been boosted by large infrastructure projects and the stamp duty holiday for some homes.

The UK’s construction industry has grown at its fastest monthly rate in more than six years, as house builds soared in March and paused projects were restarted.

According to a closely followed survey, the sector has accelerated since February and created more jobs than at any point in more than two years.

The IHS Markit/CIPS Purchasing Managers’ Index (PMI) rates different sectors of the economy by surveying businesses each month. Any score above 50 is said to show a growing sector.

The construction sector jumped to 61.7 in March, the highest score since September 2014, and up from February’s already healthy 53.3.

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