Industry Update UK Construction on the Rise with Strong Growth in May The UKҳ construction sector has demonstrated a powerful rebound, marking its fastest pace of growth in two years. Propelled by a surge in commercial and civil engineering projects, the latest S&P Global UK Construction Purchasing ManagersҠIndex (PMI) signals renewed confidence and a robust pipeline of new work, painting an optimistic picture for the months ahead. The Figures at a Glance The headline PMI provides a clear snapshot of the sectorҳ health, climbing significantly in May and indicating strong expansion. S&P Global UK Construction PMI 54.7 Any figure above 50.0 indicates growth. This is the highest reading since May 2022. Ӕhe construction sector appears to be building momentum, with growth improving on the back of a better economic climate. The highest rise in new orders since the mini-budget of 2022 shows that confidence is returning to the market.Լ/p> ֠Dr John Glen,