English | دری

UK Construction Sector Slump Slightly

in International Business

UK Construction Sector Slump Slightly

According to the recent figures, the construction sector in the UK fell by 6.3% in May, compared with the same month last year.

The dawdling growth of the sector is due to the fall in the new public works, which fell by 22%. This reflects the impact of spending cuts from the government side.

With the new businesses dropping sharply, the sector will take longer to recover.

The Production Manufacturing Index (PMI) for the UK fell to its three-year low in July, standing at 50.9



Related Articles

US unemployment rate remains at 8.2% in June

US employment rose by 80,000 in June, official figures have shown, leaving the unemployment rate unchanged at 8.2%. Hopes for

India’s New Finance Minister to Clarify Tax System

Palaniappan Chidambaram, who recently took charge of India’s finance ministry amid the economic slowdown, has pledged to take steps to

Bill Gates the Richest American on Forbe’s list for the 19th Year

Bill Gates, the former chief executive and current chairman of Microsoft, has been listed by Forbes magazine as the wealthiest

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.