Maybe, just maybe, there's a glimmer of hope for the wider landscaping industry as it's revealed in the March data that business conditions in the UK construction sector deteriorated at a slower pace than in the previous month.
The seasonally adjusted Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) – which measures overall output in the sector – posted 47.2 during March, up from a 40-month low of 46.8 in February 2013.
The latest reading was still below the 50.0 no-change mark for the fifth month running and much weaker than the series average (54.0). Anecdotal evidence suggested that a combination of subdued underlying demand and unusually bad weather conditions had contributed to lower construction output during the latest survey period.
Residential construction output bucked the overall downward trend, with activity rising at a marginal pace that was the most marked since May 2012
Landscaping is widely link to construction and if new house construction takes off then it's definitely going to impact the landscaping industry as a whole.
Another positive spin-off of an overall improvement in construction as that workers, who have been forced to take on domestic jobs such as patio construction and garden walling, will move out of what has become a congested marketplace back onto building sites.
Triple-dip recession avoided http://www.theconstructionindex.co.uk/news/view/triple-dip-avoided-construction-not-cheering
Posted by: Philip Voice | Apr 26, 2013 at 08:24 AM