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Home » Brexit Uncertainty Dampens UK Construction Market
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Brexit Uncertainty Dampens UK Construction Market

Orders fall to lowest level in a decade

September 4, 2019
Peter Reina
KEYWORDS Brexit / IHS Markit
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As U.K. parliamentary turmoil over how the country should quit the European Union (Brexit) intensifies, construction orders have fallen to the lowest level in a decade, according to the influential IHS Markit/CIPS UK Construction Total Activity Index.

“Brexit uncertainty” was cited by contractors for damping demand, particularly in the commercial building sector, notes Tim Moore, Economics Associate Director at IHS Markit, which compiled the August survey.

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